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Long WWE - Technical/Fundamental confirmations
Confirming technical studies indicating an upper trend movement:
RSI (14) 55 from a longer uptrend.
SRSI (14) @.52
OBV 60,000.00 reaching for a big high
MACD (.78) is about to cross the MACDsl (.81)
Bollinger width is at a relatively low value indicating volatility coming up.
Fundamental:
We've seen 140+% growth from last march, as well as a 35+% growth since late November.
Wrestlemania 2019 is coming this Sunday 7th of April.
Recommended trade:
Entry @89.7
Sell target @94.8 (+5.6%)
Stop loss @86.5 (-3.7%)
RRR: 1.6
RSI (14) 55 from a longer uptrend.
SRSI (14) @.52
OBV 60,000.00 reaching for a big high
MACD (.78) is about to cross the MACDsl (.81)
Bollinger width is at a relatively low value indicating volatility coming up.
Fundamental:
We've seen 140+% growth from last march, as well as a 35+% growth since late November.
Wrestlemania 2019 is coming this Sunday 7th of April.
Recommended trade:
Entry @89.7
Sell target @94.8 (+5.6%)
Stop loss @86.5 (-3.7%)
RRR: 1.6
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