Long
SYD Airport long term hold
Narrowing triangle respecting top resistance all the way , has not broken through lower support, on top of .382 fib, target 1 .618 fib, top of 30 day vwma, 20 and 50 day ma underneath , bollinger bands widening and sitting on top of MA, recent TK cross, Just under kumo, (secret indicator also says long)
Big impulsive move down, red band is a strong point historically,which is target 2
Also a bit of a prophecy here, as looking at the chart, if the uptrend continues, it will co-incide with the opening of domestic airport in June.
Big impulsive move down, red band is a strong point historically,which is target 2
Also a bit of a prophecy here, as looking at the chart, if the uptrend continues, it will co-incide with the opening of domestic airport in June.
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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.