It's technically a quite bullish chart. The price has established an higher low, has broken above the 30's SMA and has broken the descending trendline, re-tested it and now it seems like we're in the game. ;)
Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
Note
SL moved to 45.34 USD. Now it's above my entry level - so I've got a "win-win-trade"Note
TP moved to 58.28 because of fib retracementTrade active
TP moved down to 55.71 USD. Not because I think the stock can't rise higher but because of the system I'm using.Trade closed: stop reached
SL at 45.30 USD triggered (protecteive SL order - so I've made a few coins on this trade)Trade active
Re-entered LONG at 45.08 USDTrade closed: stop reached
2nd position closed because SL was been hitted. In the meantime the bullish seasonality isn't there any longer - so I stay away from this stock.
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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.