Long
Bull Flag $HCG
Strong risk/reward trade on Home Capital Group 
HCG, reasons shown below:
Reasons:
- Bull flag formation on the daily chart
- Breakout of bull flag triangle on daily
- Price has found a base, bouncing off of the shown moving averages
- MACD about to turn positive, close to zero line
- RSI breaking back above moving average
- Good risk/reward ratio of 4
- Pullback has been on relatively low volume
HCG, reasons shown below:Reasons:
- Bull flag formation on the daily chart
- Breakout of bull flag triangle on daily
- Price has found a base, bouncing off of the shown moving averages
- MACD about to turn positive, close to zero line
- RSI breaking back above moving average
- Good risk/reward ratio of 4
- Pullback has been on relatively low volume
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.