1. Good fundamentals, (EPS . Despite strong earnings,missed expectations, good revenue reported] 2. HIGH volume 3. Had a previous head and shoulders pattern combined with higher RSI 4. near 0.50 fib on D1
option 1: enter if price breaks trend line and closes above trend line option 2. Wait for price to BOUNCE off retracement points
Stop: 12.30 limit: *if it breaks trendline, then limit would be 17.20. If fibonacci retracement, limit would be at the trend line
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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.