HIGH risk play trend reversal $TIGR
The price action here looks great, the way the candled closed the day within 10% of the candles high reflects little to no bears in this market. 
TIGR was in a bearish trend until earnings came out, the stock has made new higher lows since, which usually suggest a trend reversal.To help support my thesis we'll look at the indicators postures; RSI is at 55 and is nicely erect suggesting upside potential, the stochastics moving averages has crossed & remains erect also indicating a trend reversal. The 9 ema looks ambiugous, because its yet to cross other emas, however taking into consideration the volume has been ascending that last 3 days im extremely bullish on this stock, of course im speculating I believe the first sell zone or take profit zone is at that $24.13 level.
TIGR was in a bearish trend until earnings came out, the stock has made new higher lows since, which usually suggest a trend reversal.To help support my thesis we'll look at the indicators postures; RSI is at 55 and is nicely erect suggesting upside potential, the stochastics moving averages has crossed & remains erect also indicating a trend reversal. The 9 ema looks ambiugous, because its yet to cross other emas, however taking into consideration the volume has been ascending that last 3 days im extremely bullish on this stock, of course im speculating I believe the first sell zone or take profit zone is at that $24.13 level.
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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.