Long
$AQUA with the trifecta: price, volume & relative strength
The price has formed a head and shoulders pattern and now I'm waiting for the follow through above $50.
The OBV and the RS ratio vs the S&P 500 are near new highs confirming the strength in price action.
Still, I'll wait for the breakout to buy with a price target at
62 for a +25% profit.
You can see that I was stopped out on MARCH 2022, can you imagine if I hadn't use a stop loss? More than a year with dead money.
I good to see other leaders within the industry like
TAYD, 
SXI, 
GHM & 
SYM are also trending higher, this gives support to $NYSE:AQUA.
This is a market of stocks, not a stock market!
The OBV and the RS ratio vs the S&P 500 are near new highs confirming the strength in price action.
Still, I'll wait for the breakout to buy with a price target at
62 for a +25% profit.You can see that I was stopped out on MARCH 2022, can you imagine if I hadn't use a stop loss? More than a year with dead money.
I good to see other leaders within the industry like
TAYD, SXI, GHM & SYM are also trending higher, this gives support to $NYSE:AQUA.This is a market of stocks, not a stock market!
Note
Price near the pivot buy but I don't like the bearish divergence with the RSI
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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.