I see an ascending triangle trying to form. The top of that triangle is resistance.
DOOR is also in a channel up right now.
It looks like the market opened this higher on Thursday than it closed at on Wednesday. Bullish, but does seem sometimes they retrace a bit afterwards. Possible small divergence on RSI.
I want to buy more of this stock but trying to wait for the right time. Price may bust out Monday. The chart is bullish but there does seem to be a bit of a battle inside that triangle. Monday when price hit the top of the triangle, a bearish engulfing candle emerged. Wednesday, there was uncertainty displayed by the spinning top. Then yesterday, the bulls were all over it.
Hopefully I can catch this at the right time.
Not a recommendation.
Go with your gut and trust yourself (o:
DOOR is also in a channel up right now.
It looks like the market opened this higher on Thursday than it closed at on Wednesday. Bullish, but does seem sometimes they retrace a bit afterwards. Possible small divergence on RSI.
I want to buy more of this stock but trying to wait for the right time. Price may bust out Monday. The chart is bullish but there does seem to be a bit of a battle inside that triangle. Monday when price hit the top of the triangle, a bearish engulfing candle emerged. Wednesday, there was uncertainty displayed by the spinning top. Then yesterday, the bulls were all over it.
Hopefully I can catch this at the right time.
Not a recommendation.
Go with your gut and trust yourself (o: