Long
SUM could be in for a nice bounce
Right at rising wedge trendline support + support from 200dma underneath + MACD curling up.
Doji on a downtrend will need a supporting up candle to confirm the reversal.
A very good R/R to go long at current prices with a stop below close under 200dma.
Doji on a downtrend will need a supporting up candle to confirm the reversal.
A very good R/R to go long at current prices with a stop below close under 200dma.
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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.