AVIA trade ideas
AVIA- waiting for breakoutit's seen that AVIA clearly has divergence between the price and MACD
Based on experience, if a stock experience the divergence between price and some indicator (in this case is MACD), this stock will bounce back again to its level making a HH and HL
but to confirm this, we need to wait until the trend penetrates 610 level at the minimum.
patience is the key for profit =D
#plan_trade_repeat
Watchlist For NowStill at down trend..
Will take further action after price breakout the resistance area
Or if price lower, will watch the volume
This analysis only for education only
Trade with your own decision
Disclaimer On
AVIA - CUP WITH HANDLEA primary base, the stock develops a small cup with handle.
I like to see if can breaks that level.
