What I see...
+ Inside Hammer on high volume
+ Prices gap-up, didn't need to pull back to 10ma, before retracing back above day-high
+ RSI is rising
+ MACD is flat but creeping into bullish territory
+ Low price stock
- 10ma is far away
- MACD is bearish
- 1st resistance at high $3
What I setup...
+ Long entry above day high
- Stop under day low
+ Target at mid-$5
:: Duration - 2 weeks
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