Miracle, yes! Gro, yes, Scott!
** Comments and Likes are appreciated; New Subscribers are Miracles! **
What I see...
+ A relative strong performer throughout the past few months. A very few that managed to keep the 50MA above 200MA@
+ Bullish Engulf candle with Low supported by the rising 10MA and very high vol.
+ MACD is positive and rising
+ RSI is also very (too) bullish
+ Prices reaching all-time high!
- RSI is stepping into over-bought territory
What I setup...
+ Long entry above all-time high
- Stop at week low
+ Target at 1.618 Fib
:: Duration 1 to 2 weeks
What I see...
+ A relative strong performer throughout the past few months. A very few that managed to keep the 50MA above 200MA@
+ Bullish Engulf candle with Low supported by the rising 10MA and very high vol.
+ MACD is positive and rising
+ RSI is also very (too) bullish
+ Prices reaching all-time high!
- RSI is stepping into over-bought territory
What I setup...
+ Long entry above all-time high
- Stop at week low
+ Target at 1.618 Fib
:: Duration 1 to 2 weeks
Trade active:
Setup triggered; Long
Trade active:
Moved Stop to $135 range... Bullish Engulf failed to follow by a up bar.
Comment:
Moved Stop to $138... Spike in vol. to dump stock during the last hour of trade on Friday.
Trade closed: stop reached:
Stopped out today at bE.