What I see...
+ Prices shot up significantly after May 11 earnings
+ It has since moved sideway thorugh May
+ The past few days had some volatility (or corrections) to pull prices back under the rising 10ma
+ -1d formed at long upper shadow
+ But Friday the Bulls came back with a strong close above the 10ma with strong volume.
- However, the MACD seems to be turning under the signal line
- RSI is pointing upward but stepping into overbought zone
- Resistance at $75; prices could continue to move sideway within channel
What I setup...
+ Long entry above the most recent NR7
- Stop at Friday's low
+ Target at 2.618 Fib (17% away)
:: Duration - weeks to months
** Comments and Likes are appreciated; New Subscribers are full of data! **
+ Prices shot up significantly after May 11 earnings
+ It has since moved sideway thorugh May
+ The past few days had some volatility (or corrections) to pull prices back under the rising 10ma
+ -1d formed at long upper shadow
+ But Friday the Bulls came back with a strong close above the 10ma with strong volume.
- However, the MACD seems to be turning under the signal line
- RSI is pointing upward but stepping into overbought zone
- Resistance at $75; prices could continue to move sideway within channel
What I setup...
+ Long entry above the most recent NR7
- Stop at Friday's low
+ Target at 2.618 Fib (17% away)
:: Duration - weeks to months
** Comments and Likes are appreciated; New Subscribers are full of data! **
עסקה סגורה: הגיע לסטופ
Shake Shake Leg
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Shake Shake Leg
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.