Watching this one closely for a potential trade.
I'm looking for a breakout of the descending wedge. It's caught my eye not only because of the increase in volume.
For those like me that also look for quality companies when using TA, Weebit Nano have released some positive news on their progress. I've been a bit surprised there wasn't a bigger spike on this one.
I'm looking for a breakout of the descending wedge. It's caught my eye not only because of the increase in volume.
For those like me that also look for quality companies when using TA, Weebit Nano have released some positive news on their progress. I've been a bit surprised there wasn't a bigger spike on this one.
Note
Still tracking inside the wedge waiting for a crossover. Volume remains strong, but the MACD crossed a few days ago, so expect this one to continue lower.
Trade closed: stop reached
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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.