ENTRY: 6.90 SL: 7.54 TP1: 6.56 TP2: 6.21 - ADX<20. Would like to be higher. - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Breakdown today with high volume. Would like closing to be better.
ENTRY: 7.06 SL: 8.13 TP1: 6.50 TP2: 6.13 - ADX>20 - RSI>30,RSI<50 - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Looks unable to go above monthly CPR - Breakdown from range with high volume today
on long term support, company has growing revenue, probably a good long term buy
Heres my trade set-up long $CDA Codan ASX based on price at support and higher low candles. Not financial advice.
Double click price column to see the chart. Heres my trade set-up today long off the .618 fib and 1st heikin ashi green candle on a 4h time frame.
Chart has a note No other gaps aside from $3.04 so theres a high chance it will be checked, if its on low volume ill enter there
Most indicators suggest an oversold condition such as the OBV, but also the momentum is impressively negative. Athough this situation, the share price won't be able to fall below the supertrend support line. More bottoms have been created yet and the risk/reward is very attractive. The stock is going to set higher to at least 30 euros due to a too negative...