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paintek
Sep 11, 2018 6:32 PM

Buy opportunity: WMB bounces on MA200 and trend line Long

Williams Companies, Inc. (The)NYSE

Description

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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