Yesterday we closed on the 50 EMA and today we opened with a gap. Gap wasn't filled.
10 and 20 EMA is crossing over, MACD just crossed over and heading to positiv territory.
RSI is overbought, but could be overbought for weeks - we had it at the decline.
Tomorrow we might have a testback of the 50 EMA . But I think we are going to break the April highs and test the 100 EMA very soon (in a few days) .
I like the volume here much better than S&P 's volume.
We have a strong support at the trendline now as it was holding the 3rd time...
I'm holding the LABU position. THe 50 EMA testback could be a good adding or entry point : that should hold now.
10 and 20 EMA is crossing over, MACD just crossed over and heading to positiv territory.
RSI is overbought, but could be overbought for weeks - we had it at the decline.
Tomorrow we might have a testback of the 50 EMA . But I think we are going to break the April highs and test the 100 EMA very soon (in a few days) .
I like the volume here much better than S&P 's volume.
We have a strong support at the trendline now as it was holding the 3rd time...
I'm holding the LABU position. THe 50 EMA testback could be a good adding or entry point : that should hold now.
Nota
Another gap open.And maybe another big day for LABU today...
+5%
Nota
Selling half of the LABU position as we almost tagged the 100 EMA at 39.50.I feel the NFP data will be week and we will open a GAP down. If not I will be riding the trend with the rest of the position
Sell 125 LABU at 39.50$
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.