Guardant Health ( GH ) uptrend confirmations
GH is at a consolidation zone with a resistance line 70 standing on two doji candlesticks.
Technicals:
(RSI, 14) daily 48
(SRSI, 14) daily @.15 growing
** If RSI increases to >55, uptrend is confirmed. SRSI should grow exponentially at this point.
Bollinger on a tight squeeze on time frames <1day.
Moving directional index:
DI+ crossing the DI-
Recommended trade:
Entry 70
Sell target 73
Stop loss @68
RRR:1.5
Note!!:
Check if indicators continue on uptrend to before confirming entry.
Technicals:
(RSI, 14) daily 48
(SRSI, 14) daily @.15 growing
** If RSI increases to >55, uptrend is confirmed. SRSI should grow exponentially at this point.
Bollinger on a tight squeeze on time frames <1day.
Moving directional index:
DI+ crossing the DI-
Recommended trade:
Entry 70
Sell target 73
Stop loss @68
RRR:1.5
Note!!:
Check if indicators continue on uptrend to before confirming entry.
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.