MASK looks incredible.
We have a clear inverse head and shoulders that is almost identical to that of bnb a week or so ago - which we traded and hit massive profits on. On top of that it is confirming a key level that acted as a low in 2022 and resistance prior to breaking above, as support. With that we have also hidden bullish divergence on both the MaCD and RSI.
The only thing is that the stop loss should technically be lowered to below the shoulder, as if we head there the pattern is still valid. Having said that, we are playing the key level as support, if this breaksdown and our stop loss is hit we will keep a close eye on it.
We have a clear inverse head and shoulders that is almost identical to that of bnb a week or so ago - which we traded and hit massive profits on. On top of that it is confirming a key level that acted as a low in 2022 and resistance prior to breaking above, as support. With that we have also hidden bullish divergence on both the MaCD and RSI.
The only thing is that the stop loss should technically be lowered to below the shoulder, as if we head there the pattern is still valid. Having said that, we are playing the key level as support, if this breaksdown and our stop loss is hit we will keep a close eye on it.
Comment:
Great PA so far
Comment:
Lets get above 4 and then we can fly
Comment:
As we said the shoulder was the technical point of play. We were stopped out unfortunately and shouldve been more attentive after we were. Its the game though, we'll improve nect time
