This stock is featuring for the first time on our TradingView blogs. Current setup: Price is above the 200 simple moving average and about to contest with the resistance level. Conclusion: We need to see price break through the first resistance level then the second resistance level before looking for long trades. Any comments or questions, do not hesitate to...
W1 - Special cycle completed, followed by bullish divergence and bullish convergence. We can now look for pullbacks and buys. D1 - Price created lower lows for double waves down. Both 61.8 and 100 level has been reached by the same candle. Bullish divergence created. Uptrend line coincides with the zone where the fibo levels 61.8 and 100. If we can get a...
Wave 5 is in progress and sellers are in control. TP1=3366 and TP2=2825 SL=5765
trendline break has me looking for longs price approaching poc and HVN looking for a possible pullback into support to test the longs before a move up to about 6700 sizable gap up there to be filled too trying out something new with the volume indicator
Nothing glamorous ... just interested to see how price reacts around 4500; 50% fib retrace of low of 2008 to high of 2015 and potentially supportive trend line.