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What I see... + Bullish Engulfing candle ended with price closed above 10MA + Support shown by 200 MA + High vol + MACD is in positive zone but flat + RSI at 54 and rising + Bollinger Band is narrowing but not tightly squeezed
- 50MA is still under 200MA - Lower high from o-2d - Resistance at $138 range
What I setup... + Long entry above today's high - Stop at last week's low + Target 52w high :: Duration 2 to 8 sessions
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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.