Based on Wednesday's dip and yesterday's slow upward progression, I extended the two day channel and visually see an opportunity for a small gain. The Stoch RSI is low and money flow is low, both ready to change directions. With the upward momentum in the channel, I see a buy opportunity at $52.70 with a SL at $52.50 and TP between $54.00 - $54.30.
Always remember to use Stop Losses and trade responsibly. Have a great trading Friday!
Always remember to use Stop Losses and trade responsibly. Have a great trading Friday!
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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.
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.