TOST - potential golden cross & inverse H&S
Despite the volatility, TOST is still showing superior relative strength to the market, now trading 66% above it's June's low of $12.
A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base.
Perhaps these are signs that earnings (expected on 3 Nov) could surprise to the upside. Let's see!
p/s still a very volatile market. trade at own risk.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base.
Perhaps these are signs that earnings (expected on 3 Nov) could surprise to the upside. Let's see!
p/s still a very volatile market. trade at own risk.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Aviso legal
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