I will try a swing trade at this levels.
bought 24.60
Stock is beaten down hard. It just touched the previous resistance level + its a 0.786 fib retracement from previus hights.
RSI is in divergence.
1. st price target 26.66 (0.618 fib. retracement) -10% gain
bought 24.60
Stock is beaten down hard. It just touched the previous resistance level + its a 0.786 fib retracement from previus hights.
RSI is in divergence.
1. st price target 26.66 (0.618 fib. retracement) -10% gain
Trade active
RSI divergence on daily chart Order cancelled
Ha, I tried the fib retracement for the first time and I draw it wrong. Sorry :)
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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.