On the monthly and weekly time frame it's clear that this is an uptrend. With recent market correction price dropped but now it seems to be moving back up again. Hopping on trying to get in on a nice trend trade again.
Trendlines and support resistance (price action) are key areas for me on this trade.
*Note: The stock/indices market doesn't look good right now so manage risk with caution.
Trendlines and support resistance (price action) are key areas for me on this trade.
*Note: The stock/indices market doesn't look good right now so manage risk with caution.
Note
The trendline seems to be holding, nice continuation of the upmove. Manage risk closelyNote
Earnings come out on May 13th
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.