HOOD
This garbage has been in a downtrend since it went public.
After reaching low of about 6.88, price pulled back to 11.00 where it ran into resistance.
A Double top pattern as now formed with a neckline at 9.25.
There is also a bearish MACD divergence with the price action.
Looking for price to break thru neckline and continue downtrend.
Taking swing trade to previous lows.
Entering trade short.
Entry: 9.32
Stop loss: 11.56
Target: 6.90, +25.97%, 1.08 RR ratio
This garbage has been in a downtrend since it went public.
After reaching low of about 6.88, price pulled back to 11.00 where it ran into resistance.
A Double top pattern as now formed with a neckline at 9.25.
There is also a bearish MACD divergence with the price action.
Looking for price to break thru neckline and continue downtrend.
Taking swing trade to previous lows.
Entering trade short.
Entry: 9.32
Stop loss: 11.56
Target: 6.90, +25.97%, 1.08 RR ratio
Dagangan ditutup: hentian tercapai
Stop loss: 11.56Dagangan aktif
Reentering. Price fell back below 11.00 support/resistanceEntry: 10.97
Stop loss: 13.26, -20.88%
Target: 6.90, +37.10%, 1.78RR ratio
Nota
cant give up on a trade when the analysis is on point
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.