BUY
- above 5.00 as long as it's still above the trendline
SELL
- below 4.90 once it breaks the trendline
- huge selling volume might pose more sell-downs
RATIONALE
- the long upper shadow and 5.43 is a great resistance
- however, the stock is still on uptrend albeit a bumpy one with a possible VCP forming
- another two weeks might be needed for a clear indication of a future direction
**the analysis is solely for my own references and learning
- above 5.00 as long as it's still above the trendline
SELL
- below 4.90 once it breaks the trendline
- huge selling volume might pose more sell-downs
RATIONALE
- the long upper shadow and 5.43 is a great resistance
- however, the stock is still on uptrend albeit a bumpy one with a possible VCP forming
- another two weeks might be needed for a clear indication of a future direction
**the analysis is solely for my own references and learning
Note
avoid tech as nasdaq is still taking a beating
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.