What I see...
+ Prices broke through the H&S neckline last weed but pulled back to 10ma forming a hammer bofore bouncing back to a blue bar today, on good vol., to confirm the reversal pattern
+ MACD is bullish
+ RSI is at 57.7
+ Bollinger is narrowing
- Upper shadows
- Closing price a bit far away from the 10ma
- First Resistance at $151
What I setup...
+ Long entry above today's high
- Stop at bottom of hammer
+ Target at late Feb. high
:: Duration - 3 to 8 sessions
** Comments are Likes are appreciated; New Subscribers are head and shoulders above others! **
+ Prices broke through the H&S neckline last weed but pulled back to 10ma forming a hammer bofore bouncing back to a blue bar today, on good vol., to confirm the reversal pattern
+ MACD is bullish
+ RSI is at 57.7
+ Bollinger is narrowing
- Upper shadows
- Closing price a bit far away from the 10ma
- First Resistance at $151
What I setup...
+ Long entry above today's high
- Stop at bottom of hammer
+ Target at late Feb. high
:: Duration - 3 to 8 sessions
** Comments are Likes are appreciated; New Subscribers are head and shoulders above others! **
Trade closed: stop reached
Stop reached; +1.62R
Shake Shake Leg
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.
Shake Shake Leg
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.