What I see...
:: Prices bounced back from mid-March low and peaked at $65
+ Prices pulled back and found support at 50MA
+ Friday's close finally managed above 10MA after a week-long sideway move
+ RSI at 53
+ Bollonger is the narrowest in months, although still not a squeeze
+ Bullish Engulf from Friday's close
- MACD is under the signal bar
- Bollinger is still 'wide'
- First Resistance at $66
What I setup...
+ Long entry above Friday's high
- Stop under last week's low
+ Target at $70
:: Duration 2 to 3 weeks
** Comments and Likes are appreciated; New Subscribers are awesome! **
:: Prices bounced back from mid-March low and peaked at $65
+ Prices pulled back and found support at 50MA
+ Friday's close finally managed above 10MA after a week-long sideway move
+ RSI at 53
+ Bollonger is the narrowest in months, although still not a squeeze
+ Bullish Engulf from Friday's close
- MACD is under the signal bar
- Bollinger is still 'wide'
- First Resistance at $66
What I setup...
+ Long entry above Friday's high
- Stop under last week's low
+ Target at $70
:: Duration 2 to 3 weeks
** Comments and Likes are appreciated; New Subscribers are awesome! **
Shake Shake Leg
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.
Shake Shake Leg
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.