Who want to buy this ? :D We are in the bubble ready to explode Keep distance ! The explosion could to very strong. Mamamia !
I haven't put any trading SL or TP on the chart. It is up to you if go for this trade or invest in it.I would rather be investing and wait for good news to release in the future.
According to statistics, a bearish engulfing fail represents a 70% chance to soar the stock, breaking the HH on the nearest uptrend.
I just noticed that the stock has revealed a medium term channel up pattern. Lets see, if it holds and reaches the 100 mark by the end of March.
Ethereum/Bitcoin ETHBTC Toxic Who is buying this? Why? It's still in a massive down-trend that shows no sign of waning soon. It's a short every time it touches the falling trend line from the high and will only ever become a buy if and when that downtrend is broken. As it stands now, it looks like it should fall further back to 0.0361 and then try to bounce...
MTL looks to be ready for a new run. Great RSI on almost all timeframes, Broke out of pennant and challange previous top. Just a little more is all it takes :)