WEB_Long on Retracement after breakout
Wkly:
RS < 0; FFI > 0
MACD Bullish
Stoch D% > 70 + K% > 60
RSI > 50
Daily:
RS + FFI > 0
MACD Bullish
Stoch D% + K% > 80
RSI > 60
Good volume breakup on 25 Aug followed by low vol retracement; strong trend continuation w/ volume on 31 Aug 21
Entry: $ 5.64
SL: $5.30
TP1: $6.20
RS < 0; FFI > 0
MACD Bullish
Stoch D% > 70 + K% > 60
RSI > 50
Daily:
RS + FFI > 0
MACD Bullish
Stoch D% + K% > 80
RSI > 60
Good volume breakup on 25 Aug followed by low vol retracement; strong trend continuation w/ volume on 31 Aug 21
Entry: $ 5.64
SL: $5.30
TP1: $6.20
Note
Hit adjusted SL @ $5.70
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