Reasons:
EMA trend
.618 technical buy-level
Stochastic RSI 1-hour timeframe and 15-minute timeframe is resetting
RSI is bullish above 50
Risks:
Earnings report in a few days
Expansion currently - can dip and break trend at any moment
S&P and other indices are close to breaking lower
I'd appreciate a like and comment to encourage engagement across our community.
My name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
EMA trend
.618 technical buy-level
Stochastic RSI 1-hour timeframe and 15-minute timeframe is resetting
RSI is bullish above 50
Risks:
Earnings report in a few days
Expansion currently - can dip and break trend at any moment
S&P and other indices are close to breaking lower
I'd appreciate a like and comment to encourage engagement across our community.
My name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice