What I see...
+ 10ma crossed above 200ma last week
+ Prices have been on an uptrend for approximately 10 sessions and pulled back
+ Found support on the 10ma on Friday with high volume.
+ MACD is bullish
+ RSI is flat
- Hammer is red; it failed to form a blue hammer
- Bollinger is rather wide
- First Resistance at -1w high; Second Resistance at 67 reached back in early March
What I setup...
+ Long entry at 62
- Stop at Friday's low
+ Target at 72
:: Duration - 2 weeks
** Comments and Likes are appreciated; New Subscribers are smart! **
+ 10ma crossed above 200ma last week
+ Prices have been on an uptrend for approximately 10 sessions and pulled back
+ Found support on the 10ma on Friday with high volume.
+ MACD is bullish
+ RSI is flat
- Hammer is red; it failed to form a blue hammer
- Bollinger is rather wide
- First Resistance at -1w high; Second Resistance at 67 reached back in early March
What I setup...
+ Long entry at 62
- Stop at Friday's low
+ Target at 72
:: Duration - 2 weeks
** Comments and Likes are appreciated; New Subscribers are smart! **