Nick_C_

Agilent Technology; Daily 1.5R long to fund a 4R short

NYSE:A   Agilent Technologies, Inc.
2
Price has detached from the 9 day mode, expanding range with an upside target of the prior earnings/mode level above (right below the red horizontal line). If price is able to expand higher and achieve that target within the next 8 days, it will make for a compelling highest low short. Three things that will make for a compelling daily short assuming the upside target is achieved: 1.) RgMov fails to make a new 2 month high, showing a lack of trend change 2.) CCI overheats +100 3.) Weak bar is present on target achievement (doji)
Disclaimer

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.