looking great risk vs reward.
Be mindful this is a weekly chart and this name moves slowly. We need them to meet their operational commitments including fleet utilization which may be a trigger for this wave 3.
MACD weekly approaching 0 line while we are at a bottom of a potential wave 2. Moving above the 0 line may increase momentum here, paired up with an RSI of 50 if we get there.
Downside - Hoping on the daily we are not on a bearish flag that could be a potential wave 4 to the downside. We need to get above the volume shelf at 3.7.
Be mindful this is a weekly chart and this name moves slowly. We need them to meet their operational commitments including fleet utilization which may be a trigger for this wave 3.
MACD weekly approaching 0 line while we are at a bottom of a potential wave 2. Moving above the 0 line may increase momentum here, paired up with an RSI of 50 if we get there.
Downside - Hoping on the daily we are not on a bearish flag that could be a potential wave 4 to the downside. We need to get above the volume shelf at 3.7.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.