The volume has been on the low side recently. The EMA’s are headed higher with bullish separation and angle. The SMA’s are headed bullish. Stochastics are giving a buy signal in the (slight) overbought territory, but they have room to move if needed, RSI is headed higher and isn’t oversold quite yet and MACD is catching up with itself to eek out a sell signal, but right now it hasn’t. BB are converging and looking to be broken if the trigger is hit. ADX is resting around 33 with room to run. R:R would be almost 1:1.5.
Trigger $38.30
Stop is $35.98 (could get away with $36.54)
Target is $41.50.
Not a good R:R.
Trigger $38.30
Stop is $35.98 (could get away with $36.54)
Target is $41.50.
Not a good R:R.
