What I see...
+ Strong accumulation since last earning call with high vol.
+ Prices hoovering around all-time high
+ 10MA and supported by 50MA
+ MACD has crossed upward -2w
+ RIS at 64
- Moving Avg. is a bit far away
- Lack of vol. spike in the past week while prices were moving upward
- Upper shadows scattered throughout the past few weeks
What I setup...
Long entry above $200
Target at .618Fib
Stop is set a bit aggressive to mid-week low instead of week low
+ Strong accumulation since last earning call with high vol.
+ Prices hoovering around all-time high
+ 10MA and supported by 50MA
+ MACD has crossed upward -2w
+ RIS at 64
- Moving Avg. is a bit far away
- Lack of vol. spike in the past week while prices were moving upward
- Upper shadows scattered throughout the past few weeks
What I setup...
Long entry above $200
Target at .618Fib
Stop is set a bit aggressive to mid-week low instead of week low
Trade active:
Long entry triggered
Trade active:
Moved Stop to $188
Trade active:
Moved Stop to BE