Expected Pullback at VMA is happening...if the range holds above daily BB, further upside is possible...
best case for longs is bullflag above 14.28
I don't think it will roll over quite yet, but worth keeping an eye for weakness.
best case for longs is bullflag above 14.28
I don't think it will roll over quite yet, but worth keeping an eye for weakness.
Note
Two failures now:- Rejected VMA
- Rejected 9 EMA
One chance at reversal is flag on 4H above 11.4 and breakout...like to take a few days to develop, so should provide ample opportunity should it play out that way.
Note
Rejected VMA and starting to roll over now...has some support around 12.20, but any bounce there is likely to get sold to 11.5Trade active
ignored the flag on 4H...still held April 14c so got paid.Making money > being right (lesson learned from TA pov)
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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.