Technical: After a sharp decline, 
USTEC has found support at the 61.8% Fibonacci retracement level. A reversal candle on March 31, followed by a bullish confirmation on April 1, suggests a potential bottom. Today’s small pullback ahead of Liberation Day may offer a buying opportunity.
Fundamental: While concerns over tariff implementation persist, the market may have already priced in the worst-case scenario. Any outcome perceived as "less bad than expected" could trigger a short-term rebound. Additionally, increased commercial interest inUSTEC signals that smart money is positioning for a move higher.
Risk & Reward: This is a speculative setup due to ongoing tariff uncertainties, but it presents an attractive risk-reward opportunity.
📈 Trade Idea:
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USTEC has found support at the 61.8% Fibonacci retracement level. A reversal candle on March 31, followed by a bullish confirmation on April 1, suggests a potential bottom. Today’s small pullback ahead of Liberation Day may offer a buying opportunity.Fundamental: While concerns over tariff implementation persist, the market may have already priced in the worst-case scenario. Any outcome perceived as "less bad than expected" could trigger a short-term rebound. Additionally, increased commercial interest in
USTEC signals that smart money is positioning for a move higher.Risk & Reward: This is a speculative setup due to ongoing tariff uncertainties, but it presents an attractive risk-reward opportunity.
📈 Trade Idea:
- Entry: 19308
- Stop Loss: 18766
- Target: 20726
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.