EGHT Pullback Idea
تم تحديثه
Stock has a momentum build up for the past 3 years, but it has been increasing in volatility as the bigger picture ascending triangle has been setting up.
Recent high just got broken, but the high volatility associated with it implies a greater risk + chance of reversal.
With such increased volatility and weakening momentum, a pullback seems to be up next if not a strong downward move.
Stop at 18.27
Target at 16.56
Recent high just got broken, but the high volatility associated with it implies a greater risk + chance of reversal.
With such increased volatility and weakening momentum, a pullback seems to be up next if not a strong downward move.
Stop at 18.27
Target at 16.56
أغلقت الصفقة: تم الوصول للهدف
Target was hit yesterday but I'm now putting in the update.This week has been quite fruitful.
I look forward to play weak stocks that may continue to bleed from this week's volatility & strong stocks that should stand their ground against market panic.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.