We maybe are at the start of the next leg up in RCL !
Key points:
1. Fundamentals are good with a strong RS Rating of 94 right now.
2. We are at a new Market cycle since June 25.
3. We are at an early Base 1 just after a reset.
4. Pocket Pivot at the base low.
5. Last base draw a Cup with Handle patterm that was broke with highest volume TTM.
6. Fresh 52 Week high observed during the handle.
4 & 5 are the footprints of institutional accumulation.
Even with the small correction after the breakout I entered late on this one but I still entered a small position in it.
The ATR x 10 (red line) seems quite good at guarding the trend so I'm using it as a trailing Stop.
Key points:
1. Fundamentals are good with a strong RS Rating of 94 right now.
2. We are at a new Market cycle since June 25.
3. We are at an early Base 1 just after a reset.
4. Pocket Pivot at the base low.
5. Last base draw a Cup with Handle patterm that was broke with highest volume TTM.
6. Fresh 52 Week high observed during the handle.
4 & 5 are the footprints of institutional accumulation.
Even with the small correction after the breakout I entered late on this one but I still entered a small position in it.
The ATR x 10 (red line) seems quite good at guarding the trend so I'm using it as a trailing Stop.
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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.