SDO showing signs of life?
Updated
Recently retracted from its lower Bollinger band range.
Testing its 21-day simple moving average. A break will be the first bullish signal in the last 34 days.
Recent MACD bullish crossover supports a change in trend direction. First such a signal in the last 14 days.
Upward momentum starting to support the bullish trend direction.
Heikin-Ashi bullish trend change for the weekly chart - supporting a bullish bias.
The idea remains against the overall bearish trend direction - adjust risk accordingly.
Time to exit: +/- 30 August 2019
Testing its 21-day simple moving average. A break will be the first bullish signal in the last 34 days.
Recent MACD bullish crossover supports a change in trend direction. First such a signal in the last 14 days.
Upward momentum starting to support the bullish trend direction.
Heikin-Ashi bullish trend change for the weekly chart - supporting a bullish bias.
The idea remains against the overall bearish trend direction - adjust risk accordingly.
Time to exit: +/- 30 August 2019
Trade closed: stop reached
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