Has been riding the 38.2% for a few days. Yesterday it finally popped above the EMA20. Entered some monthly calls with strike 15% OTM. Aroon indicates a bullish sentiment. MACD continues to end above the signal line slightly. Not pictured above is the OBV continues to make new highs. Buy pressure increased intraday.
If anyone knows how I can attach another date...
Just a few days ago I posted a neutral rating on $EBAY. Later on, I updated it to a cautious buy after a strong pump that gave most of its gains away. Today is a confirmation that a swing upwards is imminent.
The past few days were filled with fake pumps that gave up gains intraday and dropping under $49 near market close. The relatively strong close above...
After a disappointing earnings, MFI is slowly reaching oversold levels. That combined with the strong 50% retracement level that has seen solid support throughout the year. However, ADX shows that there is little to no trend. Potential catalyst with $MCD. I would continue to monitor this stock movement and look for a trend reversal comfirmation.
