1. Analysis:
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.