LDC870
Long

Textbook TTM Squeeze Setup

NASDAQ:MYOS   MYOS RENS TECHNOLOGY INC
We had tight squeeze, and yesterday's price action started rapidly expanding the Bollinger bands . Wave A and Wave C are both positive. ADX appears to have turned the corner so we should expect some increased volatility , and the trend tells us to expect that volatility to be positive based on the waves and the RSX . The RSX shows a clear upward curve, having just bounced off the mid-line, and the RSX shows clear "stair stepping" with higher highs and lower lows over last two cycles. I'm in at 1.642 with a target of 2.40. Will reevaluate trade if the daily candle breaks the green support trendline .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out