LONG Is the Market Ready for Travel to Pickup?
What I see...
+ 3 rounds of 3 to 5 days bursts with healthy gain
+ 10 MA look to cross 50MA (Speculation!!)
+ Consecutive NR7
+ Vol. picked up leading to earnings
+ Long lower shadow formed a hammer-like bar with high vol.
- RSI is below 50
- All fast MAs are below 200MA
- 10MA is still under 50MA (fact!)
What I setup...
+ Long entry when price breaks above resistance
- Stop at week low
+ Target at just under $13
+ 3 rounds of 3 to 5 days bursts with healthy gain
+ 10 MA look to cross 50MA (Speculation!!)
+ Consecutive NR7
+ Vol. picked up leading to earnings
+ Long lower shadow formed a hammer-like bar with high vol.
- RSI is below 50
- All fast MAs are below 200MA
- 10MA is still under 50MA (fact!)
What I setup...
+ Long entry when price breaks above resistance
- Stop at week low
+ Target at just under $13
Order cancelled:
Prices fell through setup; trade cancelled.