LONGi - New opportunity to enter long
Finally a meaningfull pullback from LONGi, been waiting for a chance to purchase more and its finally here.
Keep a lookout for the MFI crossing back up over the 35 line and MACD crossing over. This should coincide with the short term MA as I dont see it dropping below ~80 to 90.
The upside and take profit levels would be at around 120 to 150, stop loss at 70 will bring a nice risk-reward ratio for this trade.
Keep a lookout for the MFI crossing back up over the 35 line and MACD crossing over. This should coincide with the short term MA as I dont see it dropping below ~80 to 90.
The upside and take profit levels would be at around 120 to 150, stop loss at 70 will bring a nice risk-reward ratio for this trade.
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