Tenkan > Kjiun for the first time since Dec-17. Historically, price has disregarded resistance at the daily level when moving up through Senkou A, which is crossing below Senkou B this coming week and may not factor as a resistance level at all.
Open question of resistance vs. support for key level at the 50D SMA of $11.38. Bullish signal would be closing the week above $11.46. For stops you might consider $10.84 (200H SMA) and $10.73 (200D SMA).
Open question of resistance vs. support for key level at the 50D SMA of $11.38. Bullish signal would be closing the week above $11.46. For stops you might consider $10.84 (200H SMA) and $10.73 (200D SMA).
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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.