-long term time frame is showing defined uptrend with stagnant trend strength. Looking at oscillators for clues
-intermediate term time frame is showing defined uptrend and strong breakout out of resistance area of 242.2x
-int. term time frame showing price action getting extended and breaking minor upward trend line coinciding with rsi bearish divergence and macd crossing downward
-looking for a short-term pullback for consolidation and continuation on uptrend
-looking for price to pullback to 1st target 243.47 which is the .236 retracement level on the shorter time frame and 242.92 which shows there is a minor support area
and maybe possibly pullback into 242.2x area
-looking for a quick downside play for an option trade
-intermediate term time frame is showing defined uptrend and strong breakout out of resistance area of 242.2x
-int. term time frame showing price action getting extended and breaking minor upward trend line coinciding with rsi bearish divergence and macd crossing downward
-looking for a short-term pullback for consolidation and continuation on uptrend
-looking for price to pullback to 1st target 243.47 which is the .236 retracement level on the shorter time frame and 242.92 which shows there is a minor support area
and maybe possibly pullback into 242.2x area
-looking for a quick downside play for an option trade
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.