GAIA has fallen sharply over eight days but found support right on the rising trendline on Friday. Yesterday it formed a bullish Harami just above that support. Volume was a littler higher but nothing special.
It looks oversold at the moment and if it decides to test the resistance of the falling trendline at about $13.50 there is a possible trade here. With an...
This is holding the volume shelf nicely.
It is in daily screener for multiple days with sentiment growing from the market.
Manage your risk and consider tight stop losses for tickers for which you are not familiar.
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I use Tradingview to record my trades to test my analysis.
For notes only. This is not recommendation.
ADX increasing slope
DI>DI- increasing
MACD above centerline
2/27 stock plumet with earning release but with MACD Histo in + showing bull divergence
Risk/Concern:
- Late entry. Entry post value zone and @ +ATR(3)
However with trending indicators,...
I'm monitoring GAIA. I could go long when SlowStochastic comes out of 20 zone or go earlier and place a buy at 11.85 if I look at 4h charts.
Disclaimer:
This is just my tought: don't invest based on this idea.
![GAIA: Wyckoff Logic [symbol="NASDAQ:GAIA"]NASDAQ:GAIA[/symbol]](https://s3.tradingview.com/6/6mcTV3tN_mid.png "Wyckoff Logic [symbol=\"NASDAQ:GAIA\"]NASDAQ:GAIA[/symbol]")
