WORKHORSE uptrend has crossed prior downtrend. BUY WKHS
5/1 Trade profile found with WKHS. BUY $2.96 Target $3.77
Previous 4 month uptrend made prices rise by 4.00, followed by 3 month downtrend.
Price is now attempting to break above $3.00 pivot point where support became resistance during previous moves. With price now in a new forming uptrend and moved out from prior downtrend, look for price to track along support line towards resistance. Leading Indicators have also signaled their setup for new uptrend to proceed. First price target is $3.77 resistance area. BUY at $2.96 SL at $2.80 5/1 odds risk $0.16 to make $0.81.
Dr.RAV
Previous 4 month uptrend made prices rise by 4.00, followed by 3 month downtrend.
Price is now attempting to break above $3.00 pivot point where support became resistance during previous moves. With price now in a new forming uptrend and moved out from prior downtrend, look for price to track along support line towards resistance. Leading Indicators have also signaled their setup for new uptrend to proceed. First price target is $3.77 resistance area. BUY at $2.96 SL at $2.80 5/1 odds risk $0.16 to make $0.81.
Dr.RAV
Trade active:
Buy price hit today at $2.96
Trade active:
Buy level Launch pad = Oversold readings on stochastic, RSI turning up at 50 level, multi month pivot point and uptrend support line at current $3.10 price level all indicate trade is on (again) toward upward resistance and target(s). Reloaded last week and will continue buys in buy zone next week.
Comment:
Target hit....sold initial capital...running on house money for rest of trend/trade.