Viés de alta

Buy opportunity: Zayo (channel up and oversold)

Atualizado
NYSE:ZAYO reached the trend line of a parallel channel. As a result RSI and Stochastic RSI are in the oversold zone, and MACD will give buy signal soon.

Entry strategy: wait for bullish candle which cross above the 35 price level. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.

TP: 37 (+5.7%)
SL: 33.75 (-3.5%)
Nota
Still waiting for a bullish candle which can cross the entry level.
Trade ativo
Price moved above entry level.
Nota
Let's hope that a nice double bottom is about to form on the daily chart.
Trade fechado: stop atingido
SL level reached.
Parallel ChannelSupply and DemandTrend Lines

If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!

Aviso legal