The price persisted itself at the strong support level 235-- 242 & also respected the trendline support. In daily chart price also forms the base for upside move in coming days.
Here the price & chart indicates perfect low risk & high reward setup. We can enter in long position with the SL of below the support level for swing trade.
👉🏻Strong trendline...
Double bottom formation along with a positive divergence in RSI make MSGE look like a prime buy into the New Year. 20-week MA beginning to curl up. Go long MSGE. There's been a lot of volatility in this stock since it's heavily correlated to reopening, but that headwind could be on the verge of turning into a tailwind.
Omicron peaked very rapidly in other...
