RSI above 50 MACD above 0 Bounce trade looking for around 9% on a large cap pretty safe
Entry: 5.05 Stop loss: 4.82 Went long after stock broke out with above average volume and 3 SMAs aligned.
CSR has a big up candle today amongst the doom and gloom of overall pullback in markets in last couple of days. The Volume is not 150% more than average so I think it will be short lived. I dont hink there is enough volume to suggest a sustained breakout. I am putting my predictions ahead of time to see how I track. We can check back in a 5-10 trading days and...
Find value in finding the most traded SP without having to keep changing your input, simply click the visible range volume profile Zoom out as far as you can go and start adding support lines as explained. Then zoom into a time significant to you i.e the last year or 2 and see if those support lines are still relevant! I make no apologizes for the poor audio...
This stock gain 13.33% yesterday and now i think its a bit over extended at this point, looking for a short between the range of $4.83 and $4.64.
On the weekly the MACD is sloping upwards with the Stoch doing the same thing, also the price is consolidating on the 13 and 50 ema. On the Daily, the chart shows that the stock has pulled back to a key support level with the confirmation on the stoch as a bullish move for a breakout. Looking for buys above $4.03.
Volume sneaking in Pnf LONG term target $8.17