In the past few weeks, it drops out of uptrend rectangle, and goes down just getting support at the same distance as rectangle width, now it's an opportunity to long as the stop price is just near.
Main Support Level: Main Support Line
Main Resist Level: Day MA 60
Trend: Down Trend.
Strengh from Support: Low volume
Divergence occurs: MACD low signal
Suggest
Position: 40% long
Stop Price if applicable: -5%
Take Profit Price if applicable: 10%
Main Support Level: Main Support Line
Main Resist Level: Day MA 60
Trend: Down Trend.
Strengh from Support: Low volume
Divergence occurs: MACD low signal
Suggest
Position: 40% long
Stop Price if applicable: -5%
Take Profit Price if applicable: 10%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.