This is not financial advice, and so forth. Given my position and situation, I'm considering re-entering 
POWR.
We finally look like we're approaching a bullish MACD cross on the 4 Hour, which is when we saw our last major upswing occurred, however givenPOWR's newness in the market, I'm hesitant to call new all-time-highs just yet.
We're bouncing off of a key Fib level, the 0.382 (0.00006315) with the 20 MA approaching. We also just touched an oversold RSI on the 4 Hour.
I'm looking for a confluence of these two things:
1) Price action meeting/rising above the 20 moving average
2) Solid bullish MACD cross on the 4 Hour
If we can see volume and bullish follow-through, combined with a little visit from the luck fairy on the FA side of things, I could see a POWRful movement.
*slaps knee*
Again, I'm very heartened by the fact that there's been no enormous, all-at-once-dump; it makes for a much more convincing case that we're on the second part of a wave.
POWR.We finally look like we're approaching a bullish MACD cross on the 4 Hour, which is when we saw our last major upswing occurred, however given
POWR's newness in the market, I'm hesitant to call new all-time-highs just yet.We're bouncing off of a key Fib level, the 0.382 (0.00006315) with the 20 MA approaching. We also just touched an oversold RSI on the 4 Hour.
I'm looking for a confluence of these two things:
1) Price action meeting/rising above the 20 moving average
2) Solid bullish MACD cross on the 4 Hour
If we can see volume and bullish follow-through, combined with a little visit from the luck fairy on the FA side of things, I could see a POWRful movement.
*slaps knee*
Again, I'm very heartened by the fact that there's been no enormous, all-at-once-dump; it makes for a much more convincing case that we're on the second part of a wave.
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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.