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Akoustis Tech starting a solid uptrend after sym. triangle
Hello Traders!
The price of Akoustis Tech. recently broke out of a symmetrical triangle pattern bullishly. The 50 SMA crossing over the other MAs with high momentum and the MACD crossing over the 9 EMA are strong bullish signals. The RSI is a good bit away from being oversold, so nothing speaks against the beginning of a strong uptrend. I suspect the 200 SMA to reassume its role as a reliable support/resistance like it did in the past, so make sure to go for a long the next time the price comes close to the 200 SMA!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
The price of Akoustis Tech. recently broke out of a symmetrical triangle pattern bullishly. The 50 SMA crossing over the other MAs with high momentum and the MACD crossing over the 9 EMA are strong bullish signals. The RSI is a good bit away from being oversold, so nothing speaks against the beginning of a strong uptrend. I suspect the 200 SMA to reassume its role as a reliable support/resistance like it did in the past, so make sure to go for a long the next time the price comes close to the 200 SMA!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
💥 Free signals and ideas ➡ t.me/vfinvestment
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
💥 Free signals and ideas ➡ t.me/vfinvestment
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.