Nice entry if your a gambler. The trend line has held for over a month.
One opinion could be a short with a break of $5.76. Has a trading range already built all the way down to $4.89
Dont you just love it when old resistance starts to act like support. Todays market allows success with preparation.
Back in the gap and on alert. I might just take the trade. Gut can also be an indicator.
Rejected at 23.6% FIB but showed great L signal on Friday. Is the bottom in? RSI shows plenty of room above
On watch. Gap filled after IHS. Choppy action of late but testing fill line for support.
Normally dont trade below SMA50 but thinking about starting a pos between $50-$51 or test of rising trend. RSI / UO rising
Trend line upgrades are not always a coincidence. I will look to start a L position after I see how $25.38 reacts.
Levels are very important. The Long trigger $5.76 was a good trade idea last week. Stops set for zero risk trade.
Bullish breakout today. Pitchfork trade has worked well. We might have a new level of support.
Old resistance could very well become new support. Hammer at $5.76 needs confirmation tomorrow.
Needs to consolidate for now but imagine the MM on this bullflag. +22% looks very nice
Beautiful bounce off 50MA to keep trend in tact. Doesnt matter if all eyes are on this level. Market is bull right now.
Rejected very hard at GAP entry. In no mans land at the moment. Needs more than time