LONG - CSCO
SL: 46.60 (Suggested by our algorithmic systems)
SL: 45.24 (Safer option, personal suggestion)
TP: 49.60
Reasons behind this idea:
1. Resistance trendline is subjectly broken.
2. Clear bullish divergence on MACD indicator.
3. Bullish divergence on Stochastic indicator.
Caution: Earnings Report is due in a few days.
---------- Chart Drawings ----------
Red Dotted Line: Broken Resistance Trendline
Purple Line: Suggested Stoploss by our algorithmic systems (under testing)
Pink Line: Personal Stoploss Recommendation
Green Line: Suggested Take Profit
Green Arrow: Bullish Divergence
Please trade responsibly and good luck!
SL: 46.60 (Suggested by our algorithmic systems)
SL: 45.24 (Safer option, personal suggestion)
TP: 49.60
Reasons behind this idea:
1. Resistance trendline is subjectly broken.
2. Clear bullish divergence on MACD indicator.
3. Bullish divergence on Stochastic indicator.
Caution: Earnings Report is due in a few days.
---------- Chart Drawings ----------
Red Dotted Line: Broken Resistance Trendline
Purple Line: Suggested Stoploss by our algorithmic systems (under testing)
Pink Line: Personal Stoploss Recommendation
Green Line: Suggested Take Profit
Green Arrow: Bullish Divergence
Please trade responsibly and good luck!
Nota
Here is a screenshot of the idea from our mobile app currently under internal testing ibb.co/g4kQHnLNota
Our mobile app adjusted the SL however the gap was too tight and it was stopped out too soon, resulting in a 50% profit (1:0.5). I suggest adjusting your stop loss if you haven't already to protect yourself from a loss.Screenshot of our app ibb.co/fSmwTvR
Dagangan ditutup secara manual
See screenshot above.
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.