I like the stock because there is a nice breakout of a big descending triangle so this is strong. ( Yeah the stock did not totally broke the trendline and this is why i putt my entry above that trendline to make sure that the trend is very broking out of that trendline). The candle today was very strong, open nears i low and close at his high shows the strenght of...
there is a big bullish candle over the support ....buying
uptrend .... breakout of descending tl can be sign of correction ending ... enter to buy position after strong breakout by a nice bullish candle
details on the chart and now we need to a good trigger e.g. big bullish candle
im in.... uptrend ... its a pullback and correction by small candles ... if you dont in wait for nice bullish candle for entry
see notes below-indicators good
Hey traders, great bull flag setup here. It's moving on strong volume today so I'm expecting a breakout within the day or tomorrow morning. I will not enter unless resistance is pierced, but this looks like a high probability setup. I'll be letting it run after 1:1. Cheers
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Yesterday RG started it s tradingsession very weak with a gap down and was traded temporarily below the central pivot support Level @ 8.90$. Per Close, RG could defend this Level - a false breakout or ptential bear trap was formed. The open gap is the new shortterm resistance . For me, the Region between yesterdays low and the gaps upper edge seems to be neutral...