There is reverse Shoulder Head Shoulder pattern. Simple moving average (3) is above the neck level. In addition to that OBV volume level is above the resistance level at SHS pattern zone. Target: 44.00, Stop level 41.00, ROI(Return on Investment) = 1.5 usd profit per share / 1.50 risk per share = 1 that means the return on investment of this share has neutral risk level.
Trade closed: target reached
Target reached in one day!
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.
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.