TradingView
ShakeShakeLeg
May 10, 2020 12:12 AM

The Software section continues to be strong!  Long

Description

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

Trade active

Long entry triggered

Trade active

Moved Stop to $188

Trade active

Moved Stop to BE
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