Walton could be setting up for a longer-term bull run!
On the Daily ( marked with the 2 red circles on the chart ):
-The Tenkan( Yellow line ) has broken above the Kijun ( Dark Blue line ) which is a bullish sign.
-And if the lagging span ( Purple line ) can break the Kijun that would be confirmation.
On the 4H:
-It's trading above the 50, 100 and 200 EMA.
Additional note:
-Spotted some buying volume spikes the last couple of days.
possible trade setup:
-Put the stop loss under the daily Kijun as on the chart above, cause a break down of this would be quite bearish.
-This is not financial advice, trade at your own discretion-
On the Daily ( marked with the 2 red circles on the chart ):
-The Tenkan( Yellow line ) has broken above the Kijun ( Dark Blue line ) which is a bullish sign.
-And if the lagging span ( Purple line ) can break the Kijun that would be confirmation.
On the 4H:
-It's trading above the 50, 100 and 200 EMA.
Additional note:
-Spotted some buying volume spikes the last couple of days.
possible trade setup:
-Put the stop loss under the daily Kijun as on the chart above, cause a break down of this would be quite bearish.
-This is not financial advice, trade at your own discretion-