On the above 4-day chart price action has corrected 90% since the sell signal (not shown). Now is an excellent long moment. Why?
1) A Strong buy signal prints (not shown).
2) Price action and RSI resistance breakouts.
3) Strong bullish divergence. In fact this is the strongest divergence the stock has ever printed with price action over a 80 day period.
4) No stock splits.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= $17.50
1) A Strong buy signal prints (not shown).
2) Price action and RSI resistance breakouts.
3) Strong bullish divergence. In fact this is the strongest divergence the stock has ever printed with price action over a 80 day period.
4) No stock splits.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= $17.50
Trade active
Comment:
Does price action pass 26 dolla? Then open up the throttle, no more resistance until 90.
Trade active:
Past resistance now support.
GRM support confirmed.
Up 30% so far.
GRM support confirmed.
Up 30% so far.
Comment:
up 60% so far
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR