Panjang
Tight Squeeze for Some Oil!
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What I see...
+ Consecutive NR7 on lowering vol.
+ Prices broke through a Cup and Handle formation from April; gap up and hit resistance at low-$6 and pulled back towards the rising 10MA and found support
+ 10MA crossed above 50MA last week and continued to support the prices
+ Prices held through last week's earnings
+ MACD has just cross into positive territory
+ RSI is at 59
- Resistance line pushed the price down twice in the past 10 days
- RSI appears to be heading down
How I setup...
+ Long entry above short term resistance line
- Stop under the channel
+ Target is ambitiously set at 2.618 Fib.
:: Duration: 4 to 10 days
What I see...
+ Consecutive NR7 on lowering vol.
+ Prices broke through a Cup and Handle formation from April; gap up and hit resistance at low-$6 and pulled back towards the rising 10MA and found support
+ 10MA crossed above 50MA last week and continued to support the prices
+ Prices held through last week's earnings
+ MACD has just cross into positive territory
+ RSI is at 59
- Resistance line pushed the price down twice in the past 10 days
- RSI appears to be heading down
How I setup...
+ Long entry above short term resistance line
- Stop under the channel
+ Target is ambitiously set at 2.618 Fib.
:: Duration: 4 to 10 days
Dagangan ditutup: hentian tercapai
Stop out at 1R loss.
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.