dafster17

WCP - Neutral Bullish

dafster17 Updated   
TSX:WCP   WHITECAP RESOURCES INC
WCP Observation - Neutral bullish here. Just like the set up. Tapping the trendline again and has poped from the trend-line historically. MACD looks to be slowly turning. RSI is not oversold but looks reset here. Observation shows alot more factors to the upside rather the downside. Just need to hold the trend line!
Trade closed manually:
I was really liking this setup when asked to chart it based on several observations.

Did not end up holding the trend line for a pop and broke to the downside.

dafster
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.