paintek

Buy opportunity: WMB bounces on MA200 and trend line

Long
NYSE:WMB   WILLIAMS COMPANIES INC
NYSE:WMB is bouncing on 200 Moving Average, on ascending trend line and above support zone on the daily chart .

Entry strategy: wait for bullish confirmation candle which cross above 28.85 level.
Comment: Still waiting for bullish confirmation candle above 28.85.
Comment: Now 100 MA also provides support.
Order cancelled: Price went below support level, moving average and trend line, so this setup became invalid.

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