ABCD Trade Idea - 50ma pullback and bounce for another bull run
ABCD - After a nice monthly bull run, ABCD finally
made a health pullback to the 50ma, where it
bounced. With yesterday's retest of the 7ma ending
on a green candle, the RSI historically looks to reflect
a bounce in price action. Looking for entry over the 20ma
and a close over the 7ma would be ideal tomorrow.
made a health pullback to the 50ma, where it
bounced. With yesterday's retest of the 7ma ending
on a green candle, the RSI historically looks to reflect
a bounce in price action. Looking for entry over the 20ma
and a close over the 7ma would be ideal tomorrow.