- Month price tagging 200EMA with a falling wedge set up. Volume above 28 is needed to confirm the hold and further breakout.
- Risk/Reward is good here only for LT passive accounts. Still needs more work for this to work as a good trade.
- Flag on daily should atleast test the trendline around 30.
- No position yet.
Trade active:
Playing as scripted. Now backtesting 200EMA. Next move is going to be bigger. Will build a position soon with 28 as the stop loss now.
Trade active:
Real action will happen in the next cycle. Check out monthly chart.
Trade active:
Keep this in your retirement portfolio. Look at the quarterly chart