Long
Bellerophon - Long Setup

What I see...
+ 10 and 20 MA are above 200MA
+ Edge shape
+ Upward Support trend line
+ Consecutive NR3 + NR7 combo on very low volume
+ Sideway move within channel
+ Support provided by the 10MA
+ Merged MACD?
- Vol. is very low
- Merged MACD
- RSI is at 61
What I setup
+ Long entry above last week's high
- Stop at last week's low
+ Target at high of the breakout in late March
+ 10 and 20 MA are above 200MA
+ Edge shape
+ Upward Support trend line
+ Consecutive NR3 + NR7 combo on very low volume
+ Sideway move within channel
+ Support provided by the 10MA
+ Merged MACD?
- Vol. is very low
- Merged MACD
- RSI is at 61
What I setup
+ Long entry above last week's high
- Stop at last week's low
+ Target at high of the breakout in late March
Order cancelled
Gap up; missed entry; Trade is cancelled.Shake Shake Leg
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.
Shake Shake Leg
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.