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UnknownUnicorn1020621
Jan 23, 2018 4:53 PM

HMNY Risk vs Reward Analysis Long

Description

Look for a breakout! Don't enter If no Breakout!

Trade active

Market order: 200 shares, lets see with it goes lol.

Comment

There is the retest. Watch out for the breakdown below the blue line.

Comment

LET IT RISE. GOLDEN CROSS SETUP WITH CONVERSING EMA! THE GAIN SHALL BE FRUITFUL. BTW DON'T FORGET YOUR STOPLOSS!!

Comment

AND THE INVERTED RED HAMMER ON THE DAY CHART! 2X BULLISH

Trade closed: stop reached

looking to get in at a lower price.

Comment

will sell at the market open. If it still below 8.50

Trade active

oped above 8.50, no need to sell, still the stop at 8.50

Comment

Good vol. Didn't hit stop. should gain!
Comments
liwei199602
How can I tell if it's likely to be a retest or a breakdown?
UnknownUnicorn1020621
@liwei199602, Look for a trend break in OBV, also see the DPO. let me check real quick.
UnknownUnicorn1020621
@liwei199602,
OBV is following the trend. DPO and RSI suggest a bounce from the neck. We will just have to see but My guess is that it will do 50% retracement then go to 14ish. This is my gamble swing trade so I have stop at $8.50
UnknownUnicorn1020621
@Avasreader, 50% fib retracement is also the support of the neck... so high chance it will bounce tomorrow!
UnknownUnicorn1020621
@liwei199602, Also remember when that 50 EMA Crosses 200 EMA, its known as a golden cross that means long-term Bullishness.
liwei199602
@Avasreader, Thank you so much!
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