EMCC still an overbought (OB) counter?
4h chart, it's still OB (as remarked at circle area).
Operators still holding. Waiting for base and rebound higher.
>> Waiting intraday and swing traders to enter market.
>> Waiting Hull MA
Worth to monitoring....
When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Operators still holding. Waiting for base and rebound higher.
>> Waiting intraday and swing traders to enter market.
>> Waiting Hull MA
Worth to monitoring....
When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Note
2h chart, ROC show good Momentum and heading up whereas price keep dumping by the market maker.
Good sign for potential rebound?
>> Stochastic and RSI still OS, personally will wait for better enter position.
>> Hull MA still red.
Let see.
Trade closed: target reached
A good catch if EP at the right timing.
Profit taken. Consider it done for this moment.
Monitor again if worth to trade.
>> Might PB again, as everything at TOP.
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.