Wait for trend reversal confirmation and Buy at a cheaper price to go Long.
`Short` based on Gann Fan + `Double Top`confirmation. Need to get more confirmations before going `Short`
FDA non-approved therapy, price drops. Might have some pullback at resistance and might go deeper if no good news comes to save the stock.
RSI + MACD divergence pointing to a potential bearish reversal, Rising wedge could be the confirmation of reversal or some small retracement.
The provided chart is a 2-hour time frame analysis of the Micro E-mini Dow Jones Industrial Average Index Futures (MYM), highlighting a 'Bullish Flag' pattern. This pattern suggests a continuation of the existing uptrend after a period of consolidation. Description: The pattern is characterized by a sharp upward movement in price (the flagpole), followed by a...
Wait patiently and see if it breaks out of the triangle and breaks the July resistance. Go Long for aggressive or wait for a pullback at the resistance that becomes the support. I'm not an experienced trader, so do your analysis before entering.