Long
The Software section continues to be strong!
What I see...
+ Strong accumulation since last earning call with high vol.
+ Prices hoovering around all-time high
+ 10MA and supported by 50MA
+ MACD has crossed upward -2w
+ RIS at 64
- Moving Avg. is a bit far away
- Lack of vol. spike in the past week while prices were moving upward
- Upper shadows scattered throughout the past few weeks
What I setup...
Long entry above $200
Target at .618Fib
Stop is set a bit aggressive to mid-week low instead of week low
+ Strong accumulation since last earning call with high vol.
+ Prices hoovering around all-time high
+ 10MA and supported by 50MA
+ MACD has crossed upward -2w
+ RIS at 64
- Moving Avg. is a bit far away
- Lack of vol. spike in the past week while prices were moving upward
- Upper shadows scattered throughout the past few weeks
What I setup...
Long entry above $200
Target at .618Fib
Stop is set a bit aggressive to mid-week low instead of week low
Trade active
Long entry triggeredTrade active
Moved Stop to $188Trade active
Moved Stop to BE
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.