APLD. The stock was in a perfect parallel channel accumulating zone for many days. Finally we saw a breakout 8.47$
The stock rallied almost a 100 percent after the breakout and is still in a good uptrend.
Major rejection was at 10.20 to 11.65 which is the weekly bearish order block. We have seen 4 to 5 sweeps inside this bearish order block previously and now there is no liquidity left inside the order block.
The stock has made a bullish retest on the previous bearish order block at 11.65 and now its acting as a bullish buying zone.
However, there are a lot of bullish Order blocks waiting to be filled in the uptrend.
In my opinion, best way to ride this stock is to wait and buy at the order blocks.
keep adding if it goes down to fill the other order blocks that are present at the breakout.
Good buying zones for a Swing trade are 10.40 , 10.00 and 8.50 which is the strongest and most reliable.
SO WAIT AND ENJOY!
The stock rallied almost a 100 percent after the breakout and is still in a good uptrend.
Major rejection was at 10.20 to 11.65 which is the weekly bearish order block. We have seen 4 to 5 sweeps inside this bearish order block previously and now there is no liquidity left inside the order block.
The stock has made a bullish retest on the previous bearish order block at 11.65 and now its acting as a bullish buying zone.
However, there are a lot of bullish Order blocks waiting to be filled in the uptrend.
In my opinion, best way to ride this stock is to wait and buy at the order blocks.
keep adding if it goes down to fill the other order blocks that are present at the breakout.
Good buying zones for a Swing trade are 10.40 , 10.00 and 8.50 which is the strongest and most reliable.
SO WAIT AND ENJOY!
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.
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.