PIXZ made a correction and broke out after reaching my first target.
Break out however, wasnt strong enough to break the yellow resistance line.
Right now it looks to me as if its going to make a bigger ABC correction to retest the old trendline.
As long as yellow trendline is not broken, I'm on the sideline
Break out however, wasnt strong enough to break the yellow resistance line.
Right now it looks to me as if its going to make a bigger ABC correction to retest the old trendline.
As long as yellow trendline is not broken, I'm on the sideline
Note
Strong performance cracking the trendline right now. Might be nice chance to enter
Related publications
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.
Related publications
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.