I like the stock because there is a nice breakout of a big descending triangle so this is strong. ( Yeah the stock did not totally broke the trendline and this is why i putt my entry above that trendline to make sure that the trend is very broking out of that trendline). The candle today was very strong, open nears i low and close at his high shows the strenght of that candle and the buying pressure there is so im expecting a move on the upside. As you can see also the stock did broke a tight range of a little symmetrical triangle so this is also good sign for a move on the upside. The stock not only broke that tight range it also broke the EMA 10 and 20 so i would no be suprise if we see a move on the upside over the next week , this is why im bullish on the stock.
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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.