The 50 MA has been tested twice during this consolidation phase which is in the $3.15 area. The $3.70 area has acted as a resistance twice. I am looking into entering around the $3.20
support area with a bullish candle confirmation, bullish MACD, and near oversold RSI.
support area with a bullish candle confirmation, bullish MACD, and near oversold RSI.
Nota
It looks like it went above the resistant line. Awaiting for a bullish candle that is above the resistant line to help identify if this resistant line will act as a new support line. MACD shows bullish. Force index is bullish. However, I would not enter right now because the stock looks like it's going to be over bought because the incline of price is more than 45 degrees.
Nota
I will buy on the next retraction to the support level which I strongly believe it's the 50 MA. MACD bullish momentum. Force index appears to be bearish.. not enough data to make a conclusion about it.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.