EXPO
another index dragger right here.!
counter was beaten down so hard and RSI has come to 21 (oversold ++) levels, while making Bullish divergence below 4hrs time frame. However clean close above 132 tomorrow is a must for counter to go back in the broken trendline to consider it being a Fakeout. Good collection and volumes were noted today at 130 levels.
4hrly chart also shows a falling wedge being made.!
counter was beaten down so hard and RSI has come to 21 (oversold ++) levels, while making Bullish divergence below 4hrs time frame. However clean close above 132 tomorrow is a must for counter to go back in the broken trendline to consider it being a Fakeout. Good collection and volumes were noted today at 130 levels.
4hrly chart also shows a falling wedge being made.!
Note
as expected expo flipped to bullish side after breaking out from falling wedge.. short term target shall be 150ish. Stop loss 129.
i have flipped fib levels to get further tps
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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.