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amirhemo
Mar 27, 2021 3:16 PM

KOMP TA - Bullish Long

SPDR S&P Kensho New Economies Composite ETFArca

Description

AMEX:KOMP
KOMP seems pretty bullish. There is a strong wedge down, price touched the FIB 0.618 retracement and bounced, stochastic crossed, Fractals seem bullish, MACD still haven't crossed but it's close. There is a little gap that not filled yet. last candle is hammer
First TP = $69.49
Second TP = $70.73
Third TP = $73.65
I would definitely wait for MACD to cross for last confirmation.
I believe that the second TP is better option than the others but its just my opinion.
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