There is Falling Wedge Pattern in both Daily and Weekly chart on this stock.
And the Weekly Stochastic already in oversold area + Bullish Divergence detected too.
Wait until the price breakout the falling wedge pattern to entry.
For me, i will wait until the price breakout the falling wedge and wait the retest or correction done.
Disclaimer ON
And the Weekly Stochastic already in oversold area + Bullish Divergence detected too.
Wait until the price breakout the falling wedge pattern to entry.
For me, i will wait until the price breakout the falling wedge and wait the retest or correction done.
Disclaimer ON
Trade active:
SMGR finally breaking out the falling wedge(Reversal Mode) pattern, and the nearest target still 7525 (resistance area).
Trade closed: target reached:
SMGR Done 7525 Take Profit Area. Happy Profit guys