Canidate for a major come back. Tech Safety Play. Venmo
1) Lets see if this beaten down stock can return to the 72-77 area and again hold there or maintain ground in the high 60's.
2) I want ribbon compression and eventually a 50 cross thru 100,150 then 2000 day ema.
3) Back test of some structure and a strong rxn.
Fulfillment of these things would be a major buy signal for me. I'm already willing to buy this at these prices regardless. A more engaging trade/portfolio add would fulfill my 3 requirements.
Practice Patience, Know the cycle you are in, realize that 10Y bonds have made a trend break, signifying these markets will eventually reach some real turmoil. Adjust the portfolio accordingly and diversify. Stay aware from YT fear mongers.
2) I want ribbon compression and eventually a 50 cross thru 100,150 then 2000 day ema.
3) Back test of some structure and a strong rxn.
Fulfillment of these things would be a major buy signal for me. I'm already willing to buy this at these prices regardless. A more engaging trade/portfolio add would fulfill my 3 requirements.
Practice Patience, Know the cycle you are in, realize that 10Y bonds have made a trend break, signifying these markets will eventually reach some real turmoil. Adjust the portfolio accordingly and diversify. Stay aware from YT fear mongers.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.