ABCD Trade Idea - 50ma pullback and bounce for another bull run
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ABCD - After a nice monthly bull run, ABCD finally made a health pullback to the 50ma, where it bounced. With yesterday's retest of the 7ma ending on a green candle, the RSI historically looks to reflect a bounce in price action. Looking for entry over the 20ma and a close over the 7ma would be ideal tomorrow.
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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.