This Setup has More Than 2 Factors!
Updated
What I see...
:: Those who continue to work remotely will know this company as they provide the 2-factor authentication services to major corporations
+ Prices fell below 10ma right before earings
+ Post earnings, the prices bounced back strong to close near all-time high on very high volume
+ RSI is pointing upward
+ MACD is about to cut upward as well
- RSI look to step into overbought territory
- MACD is still technically under the signal line
- Round numbe resistance at $200
What I setup...
+ Long entry into all-time high
- Sto pat under Friday's low
+ Target at 1.618Fib
:: Duration - 5 to 10 sessions
** Likes and Comments are appreciated; New Subscribers are cool! **
:: Those who continue to work remotely will know this company as they provide the 2-factor authentication services to major corporations
+ Prices fell below 10ma right before earings
+ Post earnings, the prices bounced back strong to close near all-time high on very high volume
+ RSI is pointing upward
+ MACD is about to cut upward as well
- RSI look to step into overbought territory
- MACD is still technically under the signal line
- Round numbe resistance at $200
What I setup...
+ Long entry into all-time high
- Sto pat under Friday's low
+ Target at 1.618Fib
:: Duration - 5 to 10 sessions
** Likes and Comments are appreciated; New Subscribers are cool! **
Trade active
Setup trigger; Long positionTrade closed: stop reached
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