*TIMEFRAME FOR PLAN EXECUTION - Dec 3 2018 - Jan 11 2018*
BDR - PLAN A - I expect to see a move south back to $1.10 with consolidation and diminishing volume. If indicators are suggesting so, a purchase here $1.10 would be great for a subsequent move north to $1.30 for an 18.01% win.
PLAN B - Should the $1.10 support not hold up, my opinion is a move south further to $0.97 and a hopeful buying signal here, followed by a hold to $1.30 by Jan 11, 2019 or longer should the trend continue, with $1.30 be my target exit price point for a 34.02% win.
WHY? MACD - Is just curling south, suggesting the ceiling has hit/near-hit at this point EFI - Suggesting a holding pattern here, no real movement north and holding patterns are not good for this Force Index RSI - Currently indicates at the least, in my opinion, that the current price may be pushing overbought territory, meaning patience for a better deal in the price
- PAYtience is the key here! Looking for indicators to get in requires paytience and tenacity. -
*DISCLAIMER - I am not a professional trader. These are merely my thoughts. If you need professional help with your trades, look for a professional who know all about stocks.*
Trade active
Notice this stock dipped to $1.08 Dec 4th, and today rose to a high of $1.24. This stock runs and has nearly already proven my play, as limit sells are placed.
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.