AKTS: Potential BuyPrice has broken above the Ichimoku cloud which hasn't happened in a long time. RSI bullish. First target around 1 USD pschological level. Long term target 3 USD.
AKTS
Looks pretty good, right? 🎃Hi folks, Yurii Domaranskyi here. Let's take a look at the chart.
We have a local low,
sharp approach to the level on daily and 5 minutes timeframes,
once the level was broken down, the price tested it once, when it tested it for the second time and a 5m bar closed above the level 5.70$ I got a position at 5.73 average
Potential risk/reward ratio = 1 to 5.1 meaning that I'm risking a 100$ with a possibility to make 510$
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AKTS D1 review: 30%/50% gains on sell side (STOCKS)Why get subbed to to me on Tradingview?
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-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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AKTS D1 review: 30%/50% gains on sell side (STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: AKTS daily chart review
::: trading near long-term range highs now
::: low probability of breakout
::: expecting 30% correction 4-8 weeks
::: STRATEGY: SHORT at market / short rallies
::: 30% gains for BEARS on sell side
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
AKTS Pull BackIt can go up because:
1. The stock is in the channel. The support is around 6.95
2. Ehlers Smoothed Adaptive Momentum is in the green zone. That's mean that we have bullish momentum
3. MACD is bullish
Buy: 8.07
Stop Loss: 6.95
Target:10.31 (2R)
if you have any questions, let me know
Thank You
