With the latest candle breaking the Bollinger Bands upper, the RSI just making it to overbought and the strong volume we think this is going to make an aggressive move north before its correction. This is a riskier bet so our stop loss is set close, looking to get in and out quickly here.
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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.