SPCE over 25 soon? What does the chart say?
Please first read the chart note first.
The dashed light blue line shows 21 as resistance, and yesterday the little doji candle, thought it shows indecision about moving higher, closed at 21.01.
The green dotted vertical lines show that previously the two bullish runs happened after RSI crossed 70. Will the same thing happen a third time?
Directional movement (volume) is low and the green oval shows there is room for buyers to come in and raise ADM.
If you buy the stock or call options, set stops below Monday's low, and one a little lower, maybe at 20. Since Monday's candle is small the risk stays low.
The dashed light blue line shows 21 as resistance, and yesterday the little doji candle, thought it shows indecision about moving higher, closed at 21.01.
The green dotted vertical lines show that previously the two bullish runs happened after RSI crossed 70. Will the same thing happen a third time?
Directional movement (volume) is low and the green oval shows there is room for buyers to come in and raise ADM.
If you buy the stock or call options, set stops below Monday's low, and one a little lower, maybe at 20. Since Monday's candle is small the risk stays low.
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.