Conviction: 3/5
May have a better entry point after more breakout from short-term channel (Aug 2020)
Main Thesis
Risks
May have a better entry point after more breakout from short-term channel (Aug 2020)
Main Thesis
- Bouncing off MT support (2015)
- Breakout and retest from previous downward resistance (2016) (Blue)
Risks
- RSI-W may breakdown to more attractive levels
- OR there may be another leg down for a bullish divergence
Note
Breakout! Buy on retest.
Updated conviction (5/5)
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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.
Related publications
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.