On the above 10-day chart price action has corrected 97% since the sell signal that printed in early 2018 @ 47 dollars.
A good trading opportunity exists at this moment because:
1) You know why..
2) Price action prints strong positive divergence with numerous oscillators as measured over a 160 day period.
3) 10-day hammer candle has printed. Look left (black circles).
4) No stock splits. Seriously.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Act now.
Return: Will say somewhere else
Stop loss: Will say somewhere else
A good trading opportunity exists at this moment because:
1) You know why..
2) Price action prints strong positive divergence with numerous oscillators as measured over a 160 day period.
3) 10-day hammer candle has printed. Look left (black circles).
4) No stock splits. Seriously.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Act now.
Return: Will say somewhere else
Stop loss: Will say somewhere else
Note
on supportTrade active
Now would be an excellent moment. Do you know why?Will share answer on private idea.
Note
40%Trade active
Close swing trades if you're shortOrder cancelled
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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.
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.