Positive Divergence. Gaining Momentum, Support @37.69 and MA compression. If there are no more sellers a news may trigger an uptrend. Entry 38, Target 43, Stop 33. Risk/Reward Ratio 2
I wouldn't play too long term with this stock since the main trend is Bearish and the big players like to play a lot of mind games here. This has a good volatility though (12% average on the daily ) for swing traders and short term speculators.
I wouldn't play too long term with this stock since the main trend is Bearish and the big players like to play a lot of mind games here. This has a good volatility though (12% average on the daily ) for swing traders and short term speculators.
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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.