long down trend hit long time support / resistance line at 16 ish all the way back to 1986
Range since sep 19 and its been down 4 times , without breaking it,
high volume on buyers the last few days
Made golden cross with the 20/50 MA on the daily cart
the RSI are positive and been a uptrend since sep.
I need it to break up over the small resistance at 19 ish - then i see a buy signal, befor that , it can still drop to support at 16 ish
the fundemental analyse is a littel tricky, but its still better then 2018
link : lb.gcs-web.com/news-releases/news-release-details/l-brands-reports-third-quarter-2019-results
Some experts was neutral befor the eanings as released but now they say buy and they are thinking 21-25 usd.
order set to : 19,5 usd
TP set to : 25
SL set to : 16
please do comment if you have something to say :)
Range since sep 19 and its been down 4 times , without breaking it,
high volume on buyers the last few days
Made golden cross with the 20/50 MA on the daily cart
the RSI are positive and been a uptrend since sep.
I need it to break up over the small resistance at 19 ish - then i see a buy signal, befor that , it can still drop to support at 16 ish
the fundemental analyse is a littel tricky, but its still better then 2018
link : lb.gcs-web.com/news-releases/news-release-details/l-brands-reports-third-quarter-2019-results
Some experts was neutral befor the eanings as released but now they say buy and they are thinking 21-25 usd.
order set to : 19,5 usd
TP set to : 25
SL set to : 16
please do comment if you have something to say :)
Note
IF it close over the range line im gonna make a buy pos, with a SL just under the las spike down.. this is NOT an advice! always do your on cart :)
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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.