COmpelling setup in UAA
I wouldnt throw my life savings in this, but a small bet could pay out big, with a well defined risk setting a stoploss below the recent swing low.
RSI trending up MACD trending up and losing sell momentum.
Adam and eve pattern forming
Giant BAT harmonic pattern completed, with a type 2 return into (Accumulation?)
RSI trending up MACD trending up and losing sell momentum.
Adam and eve pattern forming
Giant BAT harmonic pattern completed, with a type 2 return into (Accumulation?)
Note
Earnings on Thursday should determine if support holds or not.If support holds, I see no reason it shouldn't do a 2-3x at least.
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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.