Lunyr(LUN) Big Potential Breakout
Lunyr(LUN) near a longterm trendline. If it does break out, it will likely be very strong. Below the price is the support line.
Can't be sure if it will hold, so instead of entering a trade now, just wait for a breakout and enter then. There will still be a lot of space for it to increase.
There is also positive macd divergence, seen with the blue arrows.
Buy if it either closes above the trendline(it should be an upwards candle, instead of one that just went sideways and exited the trendline), or if it has broken far enough so that a close isn't necessary.
I will update when I enter into a trade.
Can't be sure if it will hold, so instead of entering a trade now, just wait for a breakout and enter then. There will still be a lot of space for it to increase.
There is also positive macd divergence, seen with the blue arrows.
Buy if it either closes above the trendline(it should be an upwards candle, instead of one that just went sideways and exited the trendline), or if it has broken far enough so that a close isn't necessary.
I will update when I enter into a trade.
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.