We maybe are at the start of the next leg up in RCL !
Key points:
1. Fundamentals are good with a strong RS Rating of 94 right now.
2. We are at a new Market cycle since June 25.
3. We are at an early Base 1 just after a reset.
4. Pocket Pivot at the base low.
5. Last base draw a Cup with Handle patterm that was broke with highest volume TTM.
6. Fresh 52 Week high observed during the handle.
4 & 5 are the footprints of institutional accumulation.
Even with the small correction after the breakout I entered late on this one but I still entered a small position in it.
The ATR x 10 (red line) seems quite good at guarding the trend so I'm using it as a trailing Stop.
Key points:
1. Fundamentals are good with a strong RS Rating of 94 right now.
2. We are at a new Market cycle since June 25.
3. We are at an early Base 1 just after a reset.
4. Pocket Pivot at the base low.
5. Last base draw a Cup with Handle patterm that was broke with highest volume TTM.
6. Fresh 52 Week high observed during the handle.
4 & 5 are the footprints of institutional accumulation.
Even with the small correction after the breakout I entered late on this one but I still entered a small position in it.
The ATR x 10 (red line) seems quite good at guarding the trend so I'm using it as a trailing Stop.
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.
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.