** Comments and Likes are appreciated; Desperate for Subscribers too! **
What I see...
+ Prices retested $30 Resistance line 3 times since mid-March dip
+ 4th re-test broke above the Resistance under the shadow of earnings
+ MACD is stepping into positive zone
+ RSI is rising at 60
+ High vol for 3 days on a row
- Long upper shadow on trigger bar
- Both faster MAs are under the 200MA
- Prices gap-ed away from 10MA
What I setup...
+ Long entry above today's high
- Stop at today's low
+ Target at $40
:: Duration: 3 to 8 sessions
What I see...
+ Prices retested $30 Resistance line 3 times since mid-March dip
+ 4th re-test broke above the Resistance under the shadow of earnings
+ MACD is stepping into positive zone
+ RSI is rising at 60
+ High vol for 3 days on a row
- Long upper shadow on trigger bar
- Both faster MAs are under the 200MA
- Prices gap-ed away from 10MA
What I setup...
+ Long entry above today's high
- Stop at today's low
+ Target at $40
:: Duration: 3 to 8 sessions
Trade active:
Setup triggered today; Long entry!
Trade active:
Moved Stop to high $29
Trade closed: stop reached:
Stopped out today -0.27R