NUGT Bullish Breakout of Rising triangle
Pattern: Rising Triangle textbook breakout of resistance
Edge: There is bullish divergence in the money flow and it is breaking above the zero line. The "squeeze" indicator is firing today (red dots turn to green), which shows an expansion in volitily and indicates that price may start to move more drastically. It is firing "long" as the histogram is above zero line. Also, gold and gold miners tend to be more bullish when there is fear in the market as gold is a historical safe haven.
Risk Management: Bought at $5.19, stop loss at $14.15, PT1 is just below recent resistance high at $17 ish, and PT1 is at the gap fill around $18.80.
Edge: There is bullish divergence in the money flow and it is breaking above the zero line. The "squeeze" indicator is firing today (red dots turn to green), which shows an expansion in volitily and indicates that price may start to move more drastically. It is firing "long" as the histogram is above zero line. Also, gold and gold miners tend to be more bullish when there is fear in the market as gold is a historical safe haven.
Risk Management: Bought at $5.19, stop loss at $14.15, PT1 is just below recent resistance high at $17 ish, and PT1 is at the gap fill around $18.80.
Dagangan aktif
Hit profit target 1! Great move! 15% profit in 1.5 weeks. Not bad. Moved stop loss to above buy price so the remainder of our trade is now risk free.
Dagangan ditutup: sasaran tercapai
PT2 reached. Sold remaining position at 18.54. GREAT TRADE! Almost 20% return in just a couple weeks.
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.