Price gapped up to open yesterday and closed at the .78 fibonacci level after testing the 1 level with a long wick. In addition the 9 ema crossed the 20 ema and we see a MACD cross starting. Price has made higher highs and higher lows in recent months and D+ crossed D- on the ADX. Yesterday's long upper wick suggests there could be a pull back today so I will...
NYSE:CLS Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong100%
CLS: Celestica International LP 2020-05-20 08:15:10 Celestica’s Newmarket Operation Wins Contract with StarFish Medical Inc. to Manufacture Ventilators for Canadian Market
I'm long this one from mid 7s and aiming to ride the trend to next resistance level. - All the moving averages are supportive - Price Action is following Demand/Supply patterns - Volume patterns for up moves are consistence with PA - RSI is favorable
Bouncing from supportline? Good risk reward ratio to trade?