Based on TD9 a break of the 1 will be a buy. Set stop at the 9 day EMA.
Coming off a 9 buy a few days ago, a break above the 9 EMA on high volume, and the overall trend of the stock is up, MACD looking set to make a bullish cross in a few days
Trade active
Had a decent run today but was unable to capture and hold the .618 Fib line, still finished with a higher closing price and good volume. which is good. i executed my trade later in the day at 1.39 since it popped to far at the open I did not want to chase. Stop is set and right now it would be a small loss. RSI and MACD still looking up.
Note
Zero follow through sold position on Nov 7th for a small loss. If these kinds of trades don't immediately go your way cut the losses
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.