Hidden Bullish divergence after retesting support

٢١ فبراير ٢٠٢١

From the covid crash to it's peak made a 78.6% retrace. Since then it has moved up to critical fib retracements, moved down testing & retesting support before moving up to the next fib retracement. It is once again showing hidden bullish divergence on the MACD. I'm setting my stop/loss at $4.97 with targets of $6.13, $6.75, and if you're really aggressive $7.52 for a 3rd target. My strategy will be sell 50% at the first target & 50% at the second target. As always, this isn't financial advice it is just what I'm doing to build my own stimulus package.