BATS is near an advanced buy point
SETUP: BATS is setting up within a 2nd stage flat base visible on both the daily and the weekly charts.
BUYPOINTS:
The classic pivot is 34.43
The advanced pivot is 33.83
SUPPORT: Support can be seen on the daily chart along the 21ema. Note how it dipped below but recovered the 21ema on 12/23 and 1/3.
NOTES: On a breakout above the advanced pivot, I'd use 33 as my support level (yesterday's low and the low of the week). On both the daily and the weekly charts, I like that the RS line has held near its highs while it has consolidated. BATS has also passed my fundamental and momentum based scans in ChartYourTrade MRI.
BUYPOINTS:
The classic pivot is 34.43
The advanced pivot is 33.83
SUPPORT: Support can be seen on the daily chart along the 21ema. Note how it dipped below but recovered the 21ema on 12/23 and 1/3.
NOTES: On a breakout above the advanced pivot, I'd use 33 as my support level (yesterday's low and the low of the week). On both the daily and the weekly charts, I like that the RS line has held near its highs while it has consolidated. BATS has also passed my fundamental and momentum based scans in ChartYourTrade MRI.
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.