This is one of the best setups in the market right now
This chart has multiple bullish factors lining up for a strong new swing.
1) The consolidation formation has a bullish structure.
2) It broke out to all time highs on high volume and has pulled back forming a flag structure to support.
3) It has green to red/ red to green tendencies which makes 1/21's reversal candle a good sign of green candles ahead.
4) The 20ma was clearly important in the last major run and it appears to be holding at the moment.
5) They are a solar company which is still a very bullish sector.
1) The consolidation formation has a bullish structure.
2) It broke out to all time highs on high volume and has pulled back forming a flag structure to support.
3) It has green to red/ red to green tendencies which makes 1/21's reversal candle a good sign of green candles ahead.
4) The 20ma was clearly important in the last major run and it appears to be holding at the moment.
5) They are a solar company which is still a very bullish sector.
Trade closed: stop reached:
I got a little too attached to this one, should have cut off much sooner.
Trade active
Trade closed manually
Trade active:
Bought back in at open
Trade closed manually:
Markets are a bit overextended at the moment, closing some long positions.