Entry: 2.49 Stop loss: 2.70 Shorted counter after it broke out of multi year low with high volume. Better odds of a continued downside move as can be seen by the down trending MAs.
ENTRY: 2.49 SL: 2.76 TP: 2.3 - ADX>20 - RSI<50,RSI>30 - Daily RS -ve - Daily FFI -ve - Daily MACD -ve - Weekly RS -ve - Weekly FFI -ve - Weekly MACD +ve - Breakdown of range today with good volume . - Price below HVN currently.
Calculating price targets from a completed patterns (top or bottom) gives us an idea as to the extend of the move once it is underway. Here is another one of those for educational purposes only. In this case, the the target is met and exceeded suggesting a potential re-test of the 2020 low(shown on the chart) over the coming weeks. Chartist/Technical Analyst...
ENTRY: 5.08 TP: 5.59-5.68 SL: 4.76 - ADX>25 - RSI>65 - RS and FFI +ve - MACD +ve - Breakout yesterday with good volume - MAs aligned - Weekly chart shows price set to close the week above 200MA
Entry: 5.08 Stop loss: 4.72 Went long in the counter after it broke out of its base with high volume today. Its 3 SMAs are in order.
Buyers have broken the upper trend line to make a confirmed wedge pattern
Looking to buy the current retracement for a position trade long
Possible weekly leading diagonal at a long term trend line
Currently sitting at a long term trend line Looking to lower timeframes to buy for a long term position trade
Down she goes were it stops nobody knows... But $5.30 seems to be as good a spot as any. Question is how good is that Aug 2017 resistance level?