Buy opportunity: Zayo (channel up and oversold)

٤ سبتمبر ٢٠١٨

NYSE:ZAYO reached the trend line of a parallel channel. As a result RSI and Stochastic RSI are in the oversold zone, and MACD will give buy signal soon.

Entry strategy: wait for bullish candle which cross above the 35 price level. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.

TP: 37 (+5.7%)
SL: 33.75 (-3.5%)

٦ سبتمبر ٢٠١٨

ملاحظة

Still waiting for a bullish candle which can cross the entry level.

١٨ سبتمبر ٢٠١٨

تم فتح الصفقة

Price moved above entry level.

٢٦ سبتمبر ٢٠١٨

ملاحظة

Let's hope that a nice double bottom is about to form on the daily chart.

١٤ أكتوبر ٢٠١٨

أغلقت الصفقة: تم الوصول لوقف الخسارة

SL level reached.