SPDR Series Trust SPDR S&P Biotech ETF
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Biotech - 3rd Time is a charm?

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What I see...
+ Long hammer that closed above 10ma
+ 50ma has just crossed above the 200ma
+ Prices have just broke above the neckline of a head and shoulder pattern
+ RSI is flat at 59.2
+ MACD is below the signal line but in bullish territory
+ 10ma continues to play Support role

- Bearish engulf on -1d bar
- Today's vol. is lesser than -1d

What I setup...
+ Long entry above today's high
- Stop under today's low
+ Target at 1.613 fib
:: Duration - 2 to 3 weeks

* Comments and Likes are appreciated; Subscribers are oil rich! *
Dagangan aktif
Setup triggered; Long position
Dagangan ditutup: hentian tercapai

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.