Waiting for breakout
It can be the end of the correction after touching the S/R area. Based on my view, passing out of 5500 can be a green light for new buying positions on stocks.
Although, the chart is very close to an all-time high and in these cases, the market has been fluctuated and the risk is a little high. Nevertheless, I'm going to buy some after a good confirmation of over 5500.
It can be the end of the correction after touching the S/R area. Based on my view, passing out of 5500 can be a green light for new buying positions on stocks.
Although, the chart is very close to an all-time high and in these cases, the market has been fluctuated and the risk is a little high. Nevertheless, I'm going to buy some after a good confirmation of over 5500.
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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.
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.