PHI, Long 12.2%, over 3.4 Risk/Reward
We may get a breakout of the channel. RSI made a V style bounce on the 45 zone, MACD stays bullish above 0.
If breakout is confirmed, we could buy at 25.9$ and sell when reaching the 29.10$ resistance with maybe some profit taking at the 27.10$ resistance.
If breakout is confirmed, we could buy at 25.9$ and sell when reaching the 29.10$ resistance with maybe some profit taking at the 27.10$ resistance.
Trade active
Still waiting for the breakout.
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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.