Not as easy to see this one - But a common scenario when a stock has just gone down through the green cloud and found support at a previous high, is to bounce to one of the MA’s or cloud average indicators (red or blue - forgive me for my lack of terminology). Good recent volume accumulation is showing a gap up day coming with momentum, that maybe they fade. Look to sell all calls that I have when that happens. Good luck if you play!! Give me a like or a shout out if you make money here! If we lose, I’ll be happy to post that I was wrong. Gotta learn somehow! (Btw not long here just a scalp)
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.