Long
APT Long on SMA200 bounce
Pros:
* FI and MACD going up when prices is dropping
* Doji reversal that gapped up
* RSI at 31
Cons:
Taking a little bit more risk by buying above doji high instead of waiting for confirmation.
Overall Trade Grade: 83% (10/12)
Uptrend: 1/2
MACD: 2/2
Force Index: 2/2
RSI: 2/2
Reversal candle: 1/2
Entry timing: 2/2
* FI and MACD going up when prices is dropping
* Doji reversal that gapped up
* RSI at 31
Cons:
Taking a little bit more risk by buying above doji high instead of waiting for confirmation.
Overall Trade Grade: 83% (10/12)
Uptrend: 1/2
MACD: 2/2
Force Index: 2/2
RSI: 2/2
Reversal candle: 1/2
Entry timing: 2/2
Note
Good signs:- MACD and Fi still ticking up
- Volume still looking healthy
Bad signs:
- Rally is showing alot of resistance on every attempt for 3 days straight with doji like candle. Shows significant pressure from bear. Most likely from people who lost money buying at the peak right before the crash.
Overall:
Still looking good in my opinion. Continue the Long ride.
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.
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.