Alot of things starting to look good on the weekly and really like the space. RSI and Williams% starting to tick higher, volume shelf which coincides with the support/resistance flip zone being tested, hammer candle at the trendline last week and a theme thats 'in play'. MACD could look better although the histogram is narrowing. Expect some rightward chop before a break above SR/volume shelf. It's early, so just a starter position.
Also, doesnt seem to be on many radars.
Also, doesnt seem to be on many radars.
Nota
Not a pretty move but volume wasnt really crazy and no news. Chart is morphing into a head and shoulders bottom (Aug 20th and Today being left and right shoulders). Still building a position, but slowly as this chop was expected. Will stop myself out on a daily close below 13.88, which isnt far away.Nota
Full sized. LFGDagangan aktif
needs to get through neckline at 16.20ish... head and shoulders resolves at target 20.50ish. if smallcap/rate cut momentum continues I think this could push to 30. stop still a daily close below 13.88. trade set.Nota
Beautiful move today. a close above 16.88 firmly takes out pivot swap from aug highs.Nota
sold 1/3. holding the rest for 20+Nota
adjusting my stop up to neckline. todays sell off was healthy - very low volume/held anchored vwap from aug. nothing wrong here.Nota
sold another 1/3. riding the balanceDagangan ditutup: sasaran tercapai
sold the rest. thanks for playing.Nota
head and shoulders top setting up. I dont short stocks, but will be interesting to watch for the next couple weeks.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.