After a nice rise last week and seeing MoneyFlow still moving up and the Stochs still high, I see a little more room to grow. Looking at the chart, yes it did break through the lower limit I set for consolidation, but it bounced back. Looking for entry around $53.60 - $53.30 and believe we will see $57.00 - $57.50 (near average daily price) before another trip south. Always use stop losses and trade responsibly my friends!
Trade closed: target reached
Nice trade, got out a little too early though. Caught a very small short to make up for it though.
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.
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.