Buckle up! Falling Wedge pattern on Daily Ready to Rocket!
Perfect close yesterday to bounce off support into a major move up! This is what we have been waiting for!
Notes:
-Stochastic: is sitting in a good spot: Neutral ( Not oversold or Over bought)
-On Balance Volume: Still trending up on the daily very strong sign, especially with the price decline in the short term, The OBV hints at strong momentum still.
-Falling Wedge: Setup is perfect. Its very clean and we are in a good spot!
-20 MA: to 20 moving average is a great support and sets up for a larger stronger bounce after a deep pullback like this.
-SSR in place today so Bulls can really have an advantage here!
-Pre Market: Off to a hot start!
Good Luck and Buy Buy Buy!!!!
Notes:
-Stochastic: is sitting in a good spot: Neutral ( Not oversold or Over bought)
-On Balance Volume: Still trending up on the daily very strong sign, especially with the price decline in the short term, The OBV hints at strong momentum still.
-Falling Wedge: Setup is perfect. Its very clean and we are in a good spot!
-20 MA: to 20 moving average is a great support and sets up for a larger stronger bounce after a deep pullback like this.
-SSR in place today so Bulls can really have an advantage here!
-Pre Market: Off to a hot start!
Good Luck and Buy Buy Buy!!!!
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