TradingView
without_worries
Apr 28, 2023 6:54 PM

Hydrofarm Holdings Group, Inc. Long

NASDAQ:HYFM10D
Hydrofarm Holdings Group, Inc.NASDAQ

Description

⋅
On the above 10-day chart price action has corrected almost 100% since February 2021. A number of reasons now exist to be bullish, including:

1) You know why.
2) Price action confirms support on past resistance.
3) Tripple bullish bullish divergence.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Until mid-June.
Return: Don’t know
Stop loss: not for TV

Trade active

⋅

Comment

⋅
Did you see the 12-day chart?

Trade active

⋅

Comment

⋅
long from 1.10 if you can

Comment

⋅
1.10, bingo.. take it and forget the emotions. Will explain elsewhere why this one..

Comment

⋅
And that is why emotions are ignored.

Comment

⋅
50% in 15 days. Awesome.
Support and ResistanceCandlestick AnalysisOscillators
Comments
KaiKorper
⋅
Thx from Germany :)
without_worries
⋅
@KaiKorper, No worries.. Aus Bayern ;)

Have a lookie at that nice 12-day hammer candle:
MyCryptoParadise_Nathan
⋅
Great Analysis, Keep it up
without_worries
⋅
@MyCryptoParadise_Nathan, Thank you and same to you!
x-zhefer
⋅
looks really good. But why this one?
without_worries
⋅
@x-zhefer, You've got me. However if pressed.. I could give a few reasons.
1) Massively oversold. Not 2 years ago this stock was trading over 60 dollars. No splits.
2) Is my belief agriculture is returning to the US in a big way. Am noticing similar strength across other agriculture stocks. Have already shared them elsewhere.
3) Lastly, probability. The probability tools are printing incredibly strong signals on the monthly charts. You can wait years for those signals to print on this time frame.

Monthly
x-zhefer
⋅
Great answer thanks!
hashemimohammad6666
⋅
I love your charts and ideas .
you have any ida about KSM / TETHER
without_worries
⋅
@hashemimohammad6666, Looks like support has failed.
hashemimohammad6666
⋅
tnx man
More