That's right, a bad play on puns... I'm not even a dad yet lol.
Momentum is favoring RACE big time. It is setting up for a really strong pullback.
This is as good as it gets for a set up!
Momentum is favoring RACE big time. It is setting up for a really strong pullback.
- Touch of the Keltner channel
- Gap up from earnings (earnings drift in our favor)
- Anti setting up on the MACD
- Momentum on MACD daily and weekly in our favor
- Bears are trying hard if Friday's bar is reversed, look for strong price action to the upside
- Strong weekly momentum on last weeks bar
This is as good as it gets for a set up!
Get more in-depth analysis on my website: joerodtrades.substack.com
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.
Get more in-depth analysis on my website: joerodtrades.substack.com
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.