Alpha is currently presenting an interesting trading proposition.
Reasons to consider an entry
- Currently showing a symmetrical triangle pattern on the 3 day chart.
- Trading on support: bottom of the triangle and in price action
- Golden ratio support
- Stoch RSI below the 20 showing an oversold position
Will be interesting to see how this one plays out.
Have...
ICX is providing a great opportunity for an entry.
- 30 day SMA is nearing the golden ratio cross on the weekly timeframe.
- Stoch RSI is in oversold territory under 20.
- Overall Weekly Falling Wedge pattern, when broken should provide an explosive exit out of the channel
A realistic approach has been taken with targeting the 0.618 on the fib retracement. ...
