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.
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.
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.