Some resistance around the dashed trend line.
200 EMA as support near the bottom trend line & resistance on the upside.
Hence, the stock is moving in a range.
Possibility of a breakout/breakdown.
*If breaks down then go short with SL at the black trend line.
Target in both cases should be trailing & not precise.
Stay Safe & Trade Safely.
200 EMA as support near the bottom trend line & resistance on the upside.
Hence, the stock is moving in a range.
Possibility of a breakout/breakdown.
*If breaks down then go short with SL at the black trend line.
Target in both cases should be trailing & not precise.
Stay Safe & Trade Safely.
Trade ativo
Chart Update - Stock gave a breakout exactly from our resistance with good volumes. Now the stock is around another resistance and stayed in the zone with a small pullback.As it was mentioned that the targets, in this case, should be trailing & not precise so the SL can be moved to the cost at 155-156.
Why move our SL to cost? If the stock crosses that the idea & the trade will be eliminated.
ADX is rising & crossing 162-163 is important for the stock to stretch itself on the upside.
Aviso legal
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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.