Agrify breaking out; ready to reverse the downtrend
Updated
Have been watching this one for a bit as it trended down.. Been waiting for a green daily candle to be made completely outside of the downtrend and outside of the triangle, so far today is that day. Also >$26 was my entry PT and it meets that criteria also. Im a BUYER. RSI @45ish up 4%+ today.30c 10/15s could make some money nat their paltry $2.40 premium.
Note
I would probs want one more candle similar to today's candle tomorrow to confirm..Note
Still following down that trend line hugging it so tightly. Needs to print a green daily candle out side of the triangle for me to take a position. If it makes a move out of it higher it will be towards $26-$28. If it makes its way lower it will move after $21.51 (bottom line of triangle).Note
Inverted hammer printed on the daily. $23.39 (high) is the buy signal with $20.58 (low) being the stop loss. Its reached the bottom of the triangle also so its time to shit or get off the pot. What kinda ride is this gonna be Agrify? We goin UP or we goin DOWN??????!!!!!!
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.