Long
AKORN LONG SWING
1.FUNDUMENTALS :BULLISH
earnings,zacks recomm etc .At least for the time being
2.TECHNICAL$NASDAQ:AKRX :BULLISH
REASONS 4h and daily buy
1.EMA crossover with the 50 above 100 for the first time since late 2017
2.Strong support at 4.2 to 4.3 that was strong resistance before
3.Stockasticks oversold almost
So SL wide to 3.7
TP will put to 6,5
The only bearish outlook is the double top that hit at price level 5.2
still risk wise its worth the try.
earnings,zacks recomm etc .At least for the time being
2.TECHNICAL$NASDAQ:AKRX :BULLISH
REASONS 4h and daily buy
1.EMA crossover with the 50 above 100 for the first time since late 2017
2.Strong support at 4.2 to 4.3 that was strong resistance before
3.Stockasticks oversold almost
So SL wide to 3.7
TP will put to 6,5
The only bearish outlook is the double top that hit at price level 5.2
still risk wise its worth the try.
Trade active
hasnt gone my way still but i bilieve the bounce will happen sooner or laterTrade active
If 4
DOLLAR ressistance breaks i suspect it will free fall to Sl level but we will seeNote
SL is already hit in premarket but i still think this will go up in the near future.Trade active
Lets see if 4resistance holds.Of anyone hasnt entered wait for possible break of the resistance.Still doubt this will be a good tradeTrade closed: stop reached
Disclaimer
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.
Disclaimer
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.