Potential Buy/Long Setup on
QLT driven by these key factors:
- Price support seen at 20.32 and 20.50
- Prior bullish turns on Money Flow Index accompanied by rising price while bearish turns has seen the price move lower. See chart marked 1,2 and 3 (bullish turns) as well A and B (bearish turns).
- Stochastic Bullish Divergence
- Accumulation/Distribution is trending lower however the RSI for the ACC/DIST is signaling bullish divergence
I am looking for strong price action above 2040c as confirmation for a buy/long.
Stop-loss: 1930c
Take Profit Target: 2270c
- Price support seen at 20.32 and 20.50
- Prior bullish turns on Money Flow Index accompanied by rising price while bearish turns has seen the price move lower. See chart marked 1,2 and 3 (bullish turns) as well A and B (bearish turns).
- Stochastic Bullish Divergence
- Accumulation/Distribution is trending lower however the RSI for the ACC/DIST is signaling bullish divergence
I am looking for strong price action above 2040c as confirmation for a buy/long.
Stop-loss: 1930c
Take Profit Target: 2270c
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.