the leg up in this particular name has been as stable as the last, and longs this morning should aim to profit from a retracement to profit taking levels, upper band of average trailing 1.5 as the strategy suggests.
outlined are the levels where this is possible due to volume and price weight.
outlined are the levels where this is possible due to volume and price weight.
Nota
ive exited for now, but 8 am est will be rolling around and the volatility between 8-0830 should tell us what the cash open will doNota
at the bell i imagine the first thing that will happen is a dipNota
the longer this stock holds over $1.29 the greater likelihood that these historical levels play out on the daily/weekly/monthlyNota
Nota
i still like this as a buy if we can hold these lowsNota
not clear yet what low $1.1s mean yet, but if it does end up opening with a strong upside i would close longs, and reopen only above $1.2sNota
the money is trapped in this tightening range.
the si.ple thing to do is wait for a break of character. lower highs and lower lows are bearish, higher highs and higher lows are bullish.
the 15min timeframe market structure and order book volume candles will dictate how vol affects price.
Nota
so far we are trending towards eqlNota
Nota
$1.13 is the level to beatNota
a lot of volume will flip depending on where we are in this rangeNota
looking for $1.16 as long as we can stay above $1.11 and break median envelope to the upside for bull reversal
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.