I like the chart set up as there is more buying coming in.
RLOG recent inside buyer helped price back to 50ma. RSI steady increase and MACD is back to par. Needs more time for it to break resistance .34c
Swing Idea: Buy .28 - .30 area - SL at .5c below purchase. PT shown to scale out and move your SL if RLOG starts to run..
DT idea: buy above .34 / RSI at 60
RLOG recent inside buyer helped price back to 50ma. RSI steady increase and MACD is back to par. Needs more time for it to break resistance .34c
Swing Idea: Buy .28 - .30 area - SL at .5c below purchase. PT shown to scale out and move your SL if RLOG starts to run..
DT idea: buy above .34 / RSI at 60
Comment:
10/13 scaled out and move SL
Trade closed: stop reached:
Scaled out at .40 and moved SL which was triggered at .36.
Possible continuation but will wait for a better entry at .28 - .30
Possible continuation but will wait for a better entry at .28 - .30
Comment:
Shippers back in play.. RLOG beast out 300%.. Look for continuation tomorrow