SWING IDEA
Looking for a trend continuation formation on
HPQ . The current chart setup could play out bullish and can be taken advantage of with a swing trade. (14D out $30 CALL) The price has returned to the same relative high 3 times. 1/2 way there on characteristics of an ascending triangle. The lows show an upward trend, indicating the sellers can't raise enough interest to form a new lower low before buyers push up the price. These characteristics form the Ascending Triangle.
The breakout point is when the price closes outside the triangle and PRIMARILY is the signal for most traders. HERE, we operate in assuming the continuation of the trend by attempting to swing an option close to the money.
Focusing on the diagonal trend line shows lows are rising and indicate buyer interest is increasing.
Looking for a trend continuation formation on
The breakout point is when the price closes outside the triangle and PRIMARILY is the signal for most traders. HERE, we operate in assuming the continuation of the trend by attempting to swing an option close to the money.
Focusing on the diagonal trend line shows lows are rising and indicate buyer interest is increasing.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.