Long
SLCA - Potential Long Trade
Updated
Guys
Keep an eye on this stock.
Below my analysis:
1. Price close to all time low - (see monthly support)
2. Potential formation of a bullish false breakdown on the weekly - MACD and OBV positive divergences
3. Tail on the daily
4. POCs of past days is higher and has not been cleared
5. Too early to go long. IS is red on all time frames
A considerable move might happen soon.
Best
Keep an eye on this stock.
Below my analysis:
1. Price close to all time low - (see monthly support)
2. Potential formation of a bullish false breakdown on the weekly - MACD and OBV positive divergences
3. Tail on the daily
4. POCs of past days is higher and has not been cleared
5. Too early to go long. IS is red on all time frames
A considerable move might happen soon.
Best
Note
wow, what a drop - it seems that it want to test the monthly support ....Note
monitoring today ..Note
I was not able to trade this ... I have to admit it is a bit annying ...
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