PPS
PPS.ASX_Retracement Trade_LongENTRY: 1.450
SL: 1.255
TP: 1.610
- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retracement to cover gap and until 50% fib. level since 2 Nov 2021.
- Possible buyers coming back in on 29 Nov 2021.
- Above HVN currently as well.
PPS - Praemium Ltd Short-term tradingPPS
The brief trade analysis presented above is my predicted direction.
The daily chart show the bullish signal.
The price bounces from EMA 100 and RSI confirmed price reversal.
We should be ready to see the further upward movement.
Profit targets are $0.75 and $0.80 levels.