HOOD
Since going public in Aug 2021, HOOD found itself moving sideways and making lower highs into support area at $40 area until Oct.’21.
Price went on to break down from this descending triangle and enter a strong downtrend respecting the 20ema.
Price fell from $40 to $10 where it found support.
Between late Jan.’22 thru present date, price has been making lower highs into support area @ 10.
The current bearish descending triangle in current downtrend is my cue to enter trade short.
Entering trade short.
Entry: 10.94
Stop loss: 12.79
Target: 5.00- +54.30%, 3.21 RR ratio or will trade 10ema
Since going public in Aug 2021, HOOD found itself moving sideways and making lower highs into support area at $40 area until Oct.’21.
Price went on to break down from this descending triangle and enter a strong downtrend respecting the 20ema.
Price fell from $40 to $10 where it found support.
Between late Jan.’22 thru present date, price has been making lower highs into support area @ 10.
The current bearish descending triangle in current downtrend is my cue to enter trade short.
Entering trade short.
Entry: 10.94
Stop loss: 12.79
Target: 5.00- +54.30%, 3.21 RR ratio or will trade 10ema
Dagangan ditutup: hentian tercapai
Exit: Stop loss: 12.79Dagangan aktif
Reentered tradeEntry: 13.44
Stop loss: 15.99
Target: 5.00- +64.46%, 3.12 RR ratio
Dagangan ditutup: hentian tercapai
Stop loss: 15.99
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.