The rocket is ready to laaaunch, fire in the hole!!! :P
As you see the macd is turning bullish, Rsi is at neutral 50 but in this case i see that as a very healthy sign because we have a lot of fuel to launch the rocket :) Stock is showing bullish divergence from my point of view. So im looking forward to a bullish mode here :)
Just for fun: i have drawn three scenarios with red, yellow and green lines. I dont see the red line happening but you never know right. We will know that after the resistance level of latest top.
As always no one can really predict future with 100 percent accuracy, if somebody does its only luck. Remember that you and only you are responsible for your investments. I am only sharing my thoughts.
I have posted other analysis at band daily chart, If you enjoy and like my analysis, dont forget to contribute with a like and a comment :)
Just for fun: i have drawn three scenarios with red, yellow and green lines. I dont see the red line happening but you never know right. We will know that after the resistance level of latest top.
As always no one can really predict future with 100 percent accuracy, if somebody does its only luck. Remember that you and only you are responsible for your investments. I am only sharing my thoughts.
I have posted other analysis at band daily chart, If you enjoy and like my analysis, dont forget to contribute with a like and a comment :)
Trade active:
Following the analysis, would be nice to see volume here to go above 14 and stay there :)
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Trade closed: target reached