What I see...
+ Bullish Engulfing
+ 10ma piercing through the mid-body of the bar
+ RSI turns bullish
+ MACD is in bullish territory
+ Healthy volume
- Bollinger is kind of side
- MACD is below the signal line
- Slight upper shadows in the past few days
What I setup...
+ Long entry above last Thursday's high
- Stop is that -1d low
+ Target is just under $50 - round dollar resistance
:: Duration - 3 to 10 sessions.
** Likes and Comments are appreciated; New subscribers are all Knighted! **
+ Bullish Engulfing
+ 10ma piercing through the mid-body of the bar
+ RSI turns bullish
+ MACD is in bullish territory
+ Healthy volume
- Bollinger is kind of side
- MACD is below the signal line
- Slight upper shadows in the past few days
What I setup...
+ Long entry above last Thursday's high
- Stop is that -1d low
+ Target is just under $50 - round dollar resistance
:: Duration - 3 to 10 sessions.
** Likes and Comments are appreciated; New subscribers are all Knighted! **