Watching the old resistance area becoming support. Also the confluence of the 50SMA might make a good bounce area. No position yet but set alerts for potential trade
Possible bullish trade setting up.
Continues to test old resistance I am watching price action here for a possible bounce
Will old resistance that has become recent support hold ?
At near term resistance and looking to go higher if it breaks through
Looking at an old resistance line Will this hold and bounce or will it breakdown ?
Today trader sentiment broke through $F old support
Yesterday's bullish engulfing candle did not confirm today. $TA opened higher but did not trade higher. Trading within a channel may have to wait for earnings for the breakout f channel. On my watch list with alerts set
If price action drops down through .382 level have to look further down to old support/resistance levels ~28.00 0 26.75
Looks to be consolidating after a Bearish RSI Divergence. RSI is below it's 8 day moving average. RSI still above 50 though Need to watch for a dip $WGO
Inverse head and shoulders formed
Price action $T breaking through the bottom of a wedge
RSI crossed up through RSI resistance and end of today up through latest trend line
Low float and high short - watch for a short squeeze