Trading at a strong level of support with momentum in volume and the recent emergence through the 30 RSI level. - Waiting on revenue - hopefully end of Q1 early Q2 - Phase 1 of their plan is fully funded - Cash flow positive - sooner than they would have initially anticipated - Contracts/partnerships - Experienced Management & BoD - Insider ownership at around...
Looking for the daily candle to close above its previous close and then set the stop loss below today's low. Could see a nice 20% upside to support. Not going to be in this for long, primarily speculating based on the divergence between RSI, OBV and current price action.
Going long on BTE. First target is at a 2:1 risk/reward ratio.
Awaiting the 5th wave. High volatility - Election. Don´t get distracted by all the ¨Noise."
The Technicals have alligned ahead of EU political controversy. End of the Bearish 3-Drive Pattern Volume is fading RSI Divergence Huge profit potential for a long term short on the EUR/USD
Long after this weeks decline in oil and the energy sector
Shorting the recent bullish move move in the established downtrend of CHFJPY. Low volume on bullish move = weak momentum RSI needs to cross through the middle line ABC corrective pattern needs to complete around 109.50 Entry at 109.5 Stop at 110.5 Profit at 105
Opportunity for a near term buy: -Third leg of 3-Drive Opportunity for a longer term sell: -Completion of the Bearish 3-Drive is a STRONG sell signal.
Reasons for short: 1. Trend line resistance 2. Horizontal resistance 3. Previous upward move wasn't reinforced with an increase in volume 4. RSI divergence
Reasons for short: 1. Trend line resistance 2. Horizontal resistance 3. Previous upward move wasn't reinforced with an increase in volume 4. RSI divergence
RSI Divergence Fading Volume - Many unfilled orders between .753 - .754 Price will fall before resuming upward momentum
RSI Divergence Resistance Extreme levels of RSI on higher time frames (1D + 4H)
RSI divergence Holding support at key .786 confluence level Bullish until the larger 3 drive pattern is complete.