Adeia Inc.Long
Long setup for Q4
Updated
As shown on the chart:
If the 50% fib retracement breaks to the upside, I expect that this downward correction is over and will enter long with a stop limit order. The price will be supported by the 50's SMA (blue) and I expect that we see at least the last high. Maybe the price will climb higher. We'll see.
If the 50% fib retracement breaks to the upside, I expect that this downward correction is over and will enter long with a stop limit order. The price will be supported by the 50's SMA (blue) and I expect that we see at least the last high. Maybe the price will climb higher. We'll see.
Trade closed: stop reached
Yesterday's events triggered the reaching of the stop level.
2nd try in ADEA. Because we've made an higher low. Buy stop order placed:
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