An entry in the low $4 - $5 range seems decent. the channel looks like it want to eventually revert to the 200 WMA in white. GL all
Note
Above entry price is best if there is momentum. the blue line is a decent bottom channel accumulation point, of course it very well may breakdown from there in which according to my strategy I will not be adding any more to this name.Note
Still waiting to add on this one, waiting for momentum to turn, interestingly there has been quite a lot of volume on this name.Note
My strategy will allow me to add on momentum above $3.15, but will only be adding 10% of the capital I have allocated to this name.
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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.