- In my last post i mentioned it would be risky to chase momentum on the stock and rather wait for a pullback to the support line or better still, the 100 day moving average to buy.
- Yesterday printed a bullish candle showing that the buying has stepped up right at the 100 day moving average.
- If bulls can keep price above here and move back over the support zone, the gap fill will be the likely next short term target.
- Longterm bias is still bullish while major moving averages are pointing up.
Original post in link below
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Yesterday printed a bullish candle showing that the buying has stepped up right at the 100 day moving average.
- If bulls can keep price above here and move back over the support zone, the gap fill will be the likely next short term target.
- Longterm bias is still bullish while major moving averages are pointing up.
Original post in link below
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Related publications
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.
Related publications
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.