TradingView
Ruben_510
Jan 28, 2020 5:57 AM

Reversal  Long

Description

Waiting for the bounce of the support which is the red zone I have drawn there. if it goes pass the zone then I would wait and look for a short to its other support.
Comments
HHSPN
Yikes, it passed the zone. The next support is last year low ~$1.90?
Ruben_510
@HHSPN, Yup Theres a chance it goes back down to the 1.90, but ill give 1-3 more trading days before shorting it. just to get a bit more of clear picture of what its tying to do
Ruben_510
@HHSPN, Theres still a big chance its gonna bounce back up, because of the RSI and MACD are showing signs of oversold And theres a divergent Right now so Theres still some hope of it going up
HHSPN
@Ruben_510, Great! Thanks for your time.
HHSPN
@Ruben_510, breakout. Please update the chart if you are still playing this. This is a long term hold for me for its technology. Thanks.
More