Moving up the Trend Line

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Good day team, many thanks to without_worries hope you all are well.
Here we have REE, this asset is on an upward trendline and today it has broken out of it's short term trend line with a bullish candle. I would hypothesize that the breaking of the short term trendline and the bullish engulfing candle and also the price action forming an upward trendline, that this would be a good Long play.
In addition, the Stochastic RSI is healthy and there is a chance the MACD(Chris Moody) might have a bullish crossover. Be careful stay safe the markets are unpredictable.

Penafian

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