- Nice solid break of resistance (however, a two candle break would be more confirmation).
- If can grab an entry at .125, a SL at .115 is low risk.
- If entered I cant really see the next solid resistance so it would be a momentum trade (increase the SL higher and higher until a change of trend direction).
- Positive market reaction to the annual report.
- Good order book.
- Nice 4 week build of OBV.
- Energy sector doing well.
- If can grab an entry at .125, a SL at .115 is low risk.
- If entered I cant really see the next solid resistance so it would be a momentum trade (increase the SL higher and higher until a change of trend direction).
- Positive market reaction to the annual report.
- Good order book.
- Nice 4 week build of OBV.
- Energy sector doing well.
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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.