INVERTED SPY - ALL EYES ON SUPPORT ZONESPY has bounced nicely off the 200 week MA. Watch for the highlighted area to reject price in the next few weeks. If we see a strong rejection in that range it will likely lead to another powerful bearish move.
Legacy
Shitty R:R dont copy thisI should not have taken this trade yesterday. Horrible R:R due to probable Bear Div and Monthly resistance
Legacy Reserves Bullish $LGCY*Late signal but might still be good
Trend - Bullish
Indicator - 52 Week High
Chart - Weekly
Strategy - I do consider this a risky trade as current market conditions could impact stocks like this greatly. This trade should follow oil pretty closely which I am also bullish on.
Time Frame- Using weekly charts will cause your capital to be tied up for potentially a year.
