TradingView
ntran3
Oct 13, 2022 10:47 PM

TRMD -- Long Long

TORM plcNASDAQ

Description

--Up trend, breakout of a W pattern
--Re-claim 21 ema, help support at 50 ema and bottom trend line
--Not much re-action on the CPI report, Open higher on last closes
--MACD shows entry signal, RSI above 50
--Entry: 1.25%-2% above previous closes (safe play)
--Avoid if show choppy price action.
--Cut lost: ~7%: right below 21 ema
--Above 2:1 gain ratio
More