Match Group MTCH formed a pin bar

By 03.freeman
Updated
Match group MTCH slowstoch is oversold and yesterday the stock formed a pin bar .
Slowstochastic is below 20 so oversold: pin bar could be a good signal for reversing the trend.
Stock strenght is above 85!
Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF).

Disclaimer:
This is just my tought: don't invest based on this idea.
Trade closed: target reached
TG at 46.77
Chart PatternsentrypointTechnical IndicatorsLONGmatchgroupMTCHPin BarStocksTrend Analysis
03.freeman

Disclaimer