CWEB starting to look better with this wedge breakout

١٤ يناير ٢٠٢٢

I'd like to see a retest of the wedge for a safer entry or a consolidation for a few days above the green line around $12.35
The daily RSI has also broke resistance which is typically bullish.

Lately CWEB has been sold off after going above the 34 EMA, it has to stay above that to gain confidence in a long-term uptrend.

١٨ يناير ٢٠٢٢

ملاحظة

Today might have been the retest, but it still didn't go as low as I was targeting so I'm still waiting for now.

٢٤ يناير ٢٠٢٢

تم فتح الصفقة

I like the bounce on CWEB here right in the area where I wanted to see a retest of the breakout so I have entered a position.

٩ فبراير ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

Closed this trade as it is hitting resistance and slowing down. I will want to buy it back again after a pullback.