Trade strategy for TFUEL in weeks ahead.
TFUEL completed a BAT pattern and breakout.
as shown on the chart we can see both HD+ and RD+
divergences on MACD and it is likely that TFUEL is
in a position to continue moving up. while weekly momentum
is bullish and daily momentum approaching oversold (OS) zone
the next daily momentum reversal could be a good opportunity
for bulls and also as a target top of channel could be a reasonable
target that it is overlap with BAT pattern PRZ.
as shown on the chart we can see both HD+ and RD+
divergences on MACD and it is likely that TFUEL is
in a position to continue moving up. while weekly momentum
is bullish and daily momentum approaching oversold (OS) zone
the next daily momentum reversal could be a good opportunity
for bulls and also as a target top of channel could be a reasonable
target that it is overlap with BAT pattern PRZ.
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