Aston Martin inverse H&S, time to buy????
Seeing a pattern of head and shoulders forming. If we do not make new lows, then we can start buying. RSI divergence present.
Buy on smaller time frame inside trading hours with samll risk. Allows better risk-reward and to get in on the long earlier. Then of course the break of the 200SMA and neckline. Target 800. Stop will be below the recent swing.
Aston Martin had quite a disastrous IPO, from 1916 high down to 370 low. Investors were waiting for the price to be low enough to start buying.
Good Luck!
Buy on smaller time frame inside trading hours with samll risk. Allows better risk-reward and to get in on the long earlier. Then of course the break of the 200SMA and neckline. Target 800. Stop will be below the recent swing.
Aston Martin had quite a disastrous IPO, from 1916 high down to 370 low. Investors were waiting for the price to be low enough to start buying.
Good Luck!
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