Panjang
NASDAQ: Near the bottom of the Channel up. Buy signal.
Nasdaq shows a mixed market sentiment following the lower than expected U.S. CPI with 1D technicals almost neutral (RSI = 55.764, MACD = 166.020, ADX = 32.663). The reason is that since the April 4th Top, the index has been trading sideways around the 4H MA50.
The price is getting closer to the bottom of the 1 month Channel Up pattern, hence a buy signal is flashing. At the same time the 4H RSI is approaching its HL trendline. The last teo times it did so after a 5.50%/6.00% rise, it was a buy opportunity. We are long and targeting the top of the Channel Up (TP = 13,550).
Prior idea:
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The price is getting closer to the bottom of the 1 month Channel Up pattern, hence a buy signal is flashing. At the same time the 4H RSI is approaching its HL trendline. The last teo times it did so after a 5.50%/6.00% rise, it was a buy opportunity. We are long and targeting the top of the Channel Up (TP = 13,550).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.