FVRR, Time To Buy?Hello fellow traders and investors, here's another trade idea.
FVRR has recently pulled back to the SMA50 and very close to the trendline, previously FVRR tends to make a reversal whenever it approaches the trendline. If FVRR makes a full recovery it offers a little bit over a 36% ROI .
Technicals:
The Macd indicates that FVRR is oversold
The Ema's indicate that Apple is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
I recommend selling when it reaches the upper trendline.
I hope you enjoyed the quick analysis, make sure to leave a like and follow for more trade ideas.
Thanks