TAL about to breakout? - nicely above rising 40week MA
- since breakout in late 2015, RSI never came below 50
- MACD bullish cross?
TAL trade ideas
TAL - On watch for long tradeLevels drawn according to weekly chart. Earnings will either confirm or negate a trade (4/26). Entry 39.03 Stop 37.62. Target > $42. Will be interesting to watch price action prior to earnings...
#TAL #Long #stock #bullflagTAL has formed a a pennant. MACD, OBV, and stoch RSI all look good. Lower time frames all look good too.
Symmetrical triangle forming inside cup & handle $KWEBChina stocks being punished on news. Downside potential.
TAL on watch for breakoutTAL should breakout after $32. The MA lines can be your guide for buy on dips.
TAL ED IdeaDon't go aggressive on any stocks at the moment due to the face that markets are under pressure.
Keep an eye on this one you might want to establish a small position and add up if it moves up.
Check for higher than normal volume on the breakout.
Happy Trading :)
Sold breakout on high volumeGreat symmetrical triangle breakout on large volume today, position added
