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What I see...
+ Prices retested $30 Resistance line 3 times since mid-March dip
+ 4th re-test broke above the Resistance under the shadow of earnings
+ MACD is stepping into positive zone
+ RSI is rising at 60
+ High vol for 3 days on a row
- Long upper shadow on trigger bar
- Both faster MAs are under the 200MA
- Prices gap-ed away from 10MA
What I setup...
+ Long entry above today's high
- Stop at today's low
+ Target at $40
:: Duration: 3 to 8 sessions
What I see...
+ Prices retested $30 Resistance line 3 times since mid-March dip
+ 4th re-test broke above the Resistance under the shadow of earnings
+ MACD is stepping into positive zone
+ RSI is rising at 60
+ High vol for 3 days on a row
- Long upper shadow on trigger bar
- Both faster MAs are under the 200MA
- Prices gap-ed away from 10MA
What I setup...
+ Long entry above today's high
- Stop at today's low
+ Target at $40
:: Duration: 3 to 8 sessions
Trade active
Setup triggered today; Long entry!Trade active
Moved Stop to high $29Trade closed: stop reached
Stopped out today -0.27RShake 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.