Long
Catch the dip on STORM
Looking at a yuuuuuuuuuuge cup and handle on STORM. might be forming the handle around here.
broke the consolidation level - no biggy.
we bounced twice on an important level, namely the 0.618 fib - this usually indicates a continuation of the rally.
we might be looking at a hidden bull div (need more candles to confirm)
todays candle might be a doji and that would be favourable cuz the last candle was quite bearish. pinbars are also appearing which is a good sign
broke the consolidation level - no biggy.
we bounced twice on an important level, namely the 0.618 fib - this usually indicates a continuation of the rally.
we might be looking at a hidden bull div (need more candles to confirm)
todays candle might be a doji and that would be favourable cuz the last candle was quite bearish. pinbars are also appearing which is a good sign
Note
expecting more downside now - sold my position and waiting
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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.