An intraday high potential, Back Tested Long Analysis.
A we ll try to find an entry price within the expected pull back zone 15.20- 16.00 as previously being back tested.
OBV breaking up supporting trendline
CCI diverges the price crossing down the zero level as well as shown in the chart.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is...
Knowing Ending Diagonal's Mark the end of a Trend, And considering it's at the low's - has the right look, has nice throw under of lower Trendline, has nice thrust up on good volume. I think this could be worth a try. NYSE:DBD
NYSE:DBD
Diebold Nixdorf is on my watch list now. Looks like we have a failing wedge pattern forming, which signals a possible reversal looming.
Looking to buy this stock in the low $16 area. My first profit zone is $24. Second profit zone is $29.
Demand should be re-entering the market soon for the stock.
In the daily chart, we can clearly see a wide correction of the downward trend. This produces a high potential for a short positioning; there is plenty of space until the low at 18 USD. This is why we can and should wait for a signal in the subordinate trend size. In addition, since the SMA 50 has been broken through once again for the first time in months now,...
In the daily chart, we can clearly see a wide correction of the downward trend. This produces a high potential for a short positioning; there is plenty of space until the low at 18 USD. This is why we can and should wait for a signal in the subordinate trend size. In addition, since the SMA 50 has been broken through once again for the first time in months now,...
