Long due to multiple reasons
1. Trendline breakout
2. High volumes at breakout
3. RSI above 50 shows good relative strength
4. Pharma sector, mostly bullish at the moment
5. High risk to reward ration
Disclaimer: for learning purposes only!
1. Trendline breakout
2. High volumes at breakout
3. RSI above 50 shows good relative strength
4. Pharma sector, mostly bullish at the moment
5. High risk to reward ration
Disclaimer: for learning purposes only!
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.