Alex_Quiroga

Support & Resistance Inc.

Long
NASDAQ:CAR   Avis Budget Group, Inc.
If all my ideas look equal is because I work with the more basic principle of Technical Analysis, support and resistance and the more higher the time frame the more reliable, this do not mean is bulletproof.
But Weekly Charts avoid emotions because the weekly charts are simply boring and is necessary too to wait for the end of the weekly for the confirmation of the resistance line breakout with a weekly candle closing above the resistance line in a clear manner plus a pullback to the new support level that demonstrate that the price is boss of the new level gained.
By the way look the long wick candlestick testing the support
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.