COmpelling setup in UAA
Updated
I wouldnt throw my life savings in this, but a small bet could pay out big, with a well defined risk setting a stoploss below the recent swing low.
RSI trending up MACD trending up and losing sell momentum.
Adam and eve pattern forming
Giant BAT harmonic pattern completed, with a type 2 return into (Accumulation?)
RSI trending up MACD trending up and losing sell momentum.
Adam and eve pattern forming
Giant BAT harmonic pattern completed, with a type 2 return into (Accumulation?)
Note
Earnings on Thursday should determine if support holds or not.If support holds, I see no reason it shouldn't do a 2-3x at least.
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