$TFII - Strong Bullish Turn - HA Morning All,
Strong Trend change on the Heikin Ashi candles for $TFII.
1. The Stock is OVERSOLD (see the RSI on the chart).
2. The Red candles length shortened before changing to green 2 days ago (MOMENTUM CHANGE INDICATION).
3. Yesterday's green candle was a strong/long length.
4. A previous resistance has become a support.
5. The company Financials are positive with good PROFIT and hit all EARNING targets Year on Year.
I am not a financial advisor, this information is for educational purposes only. Do your own due diligence before buying stocks.
Your Capital is at risk.
I bought @ 85.66
I will Sell @ 110
My Stop Loss is @ 79.50
Disclaimer
When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop.
DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU.
If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.
