The company has strong balance sheet. Also, it has bullish trend in the D1 chart. Strong resistance at $21 area. 1:5 Risk/reward ratio. Buy : 21.43 TP1: 23.45 TP2: 25.03 SL: 20.79
NASDAQ:CHX daily: Ugly topping formation Broke trendline MACD bearish
There is not a strong hidden divergence on the CMF, as well as the RSI in the overbought zone. There was a payoff of a good level, it was also possible that it was a technical slip. Ideally, we should already wait for 23.45 to make it clearer what is with the price, since we can go lower as part of a large complex correction. Because even though it is a chemical...
CHX trying again to break up to its ATH. The hourly EMAs 21 and 50 can work to help the price.
Bullish Pennant, awaiting confirmation (39PC) Pros: Volume during post formation Descending volume during triangle formation Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 200MA ascending 250RSI above 50 Target: PT = 30.72$ Help how ever you can to keep this alive. Thank you to those...