I am going to set this chart on neutral because I don't see the buying signal yet, and all the global markets are down this week. I am allready long this stock, I'm currently sitting on a loss, waiting for the market to turn, with a stop under the daily support and the last swing low.
Now let's have a look at the chart. The most obvious point of this chart is the Cup and handle, nothing to explain here. After breaking the top of this formation and rallying for a while, we now have a pullback. I bought on the first touch of the support level and the hammerish candle, let's see if we have another buy signal. A move under this support level would cancel this setup, and i would wait for it to retrace to the weekly support or the area between the two moving averages which for me represents a buy zone. On the MACD we have a huge class A bearish divergence, and price is acting acordingly, but since we are still in an uptrend if we look at the moving averages, it might be just a small correction. According to this theory, I would wait for another buy signal around the daily support. If I will see one, I will post a comment. Till then, it is just sitting and watching
Now let's have a look at the chart. The most obvious point of this chart is the Cup and handle, nothing to explain here. After breaking the top of this formation and rallying for a while, we now have a pullback. I bought on the first touch of the support level and the hammerish candle, let's see if we have another buy signal. A move under this support level would cancel this setup, and i would wait for it to retrace to the weekly support or the area between the two moving averages which for me represents a buy zone. On the MACD we have a huge class A bearish divergence, and price is acting acordingly, but since we are still in an uptrend if we look at the moving averages, it might be just a small correction. According to this theory, I would wait for another buy signal around the daily support. If I will see one, I will post a comment. Till then, it is just sitting and watching
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
