12/27/20 - 1d Time Frame
1. Price action at the 37.27 - 36.13 area
2. MACD histogram shows losing downward trend momentum
3. Stochastics at oversold level
**
I am hoping that price action will respect and bounce from 36.57 support and start playing above the 50ema while MACD crosses for a bullish move then price slowly go up and hit Target 1.
Disclaimer
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
1. Price action at the 37.27 - 36.13 area
2. MACD histogram shows losing downward trend momentum
3. Stochastics at oversold level
**
I am hoping that price action will respect and bounce from 36.57 support and start playing above the 50ema while MACD crosses for a bullish move then price slowly go up and hit Target 1.
Disclaimer
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or 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.
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.