FPH Horizontal S/R trending at support
FPH seems to have a very classical horizontal trendline pattern. I published my idea a few days ago and has been bouncing very slowly. I believe if you wish to play this stock long position, you should wait for a "confirmation" of a reversals.
A confirmation of a reversal in MY OPINION is to wait for a candlestick to bounce above the EMA (white).. I've had good trades playing this very simple strategy! Please comment on what are your thoughts :)
A confirmation of a reversal in MY OPINION is to wait for a candlestick to bounce above the EMA (white).. I've had good trades playing this very simple strategy! Please comment on what are your thoughts :)
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