Moving up the Trend Line
Good day team, many thanks to without_worries hope you all are well.
Here we have REE, this asset is on an upward trendline and today it has broken out of it's short term trend line with a bullish candle. I would hypothesize that the breaking of the short term trendline and the bullish engulfing candle and also the price action forming an upward trendline, that this would be a good Long play.
In addition, the Stochastic RSI is healthy and there is a chance the MACD(Chris Moody) might have a bullish crossover. Be careful stay safe the markets are unpredictable.
Here we have REE, this asset is on an upward trendline and today it has broken out of it's short term trend line with a bullish candle. I would hypothesize that the breaking of the short term trendline and the bullish engulfing candle and also the price action forming an upward trendline, that this would be a good Long play.
In addition, the Stochastic RSI is healthy and there is a chance the MACD(Chris Moody) might have a bullish crossover. Be careful stay safe the markets are unpredictable.
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