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LordNelson LordNelson FCA, D, Long ,
FCA: FCA GMMA ANALYSIS: POSSIBLE UPTREND WAITING FOR A MA200 REBOUND
27 0 1
FCA, D Long
FCA GMMA ANALYSIS: POSSIBLE UPTREND WAITING FOR A MA200 REBOUND

GMMA crossover between 6.25-6.50 with strong momentum, with MACD in long position BUT RSI overbought way over 70 so opening a position would have been very risky... despite overbought price reached 6.79 before retracing so there was space for a gain but I thought there was too much risk for me buying with RSI at 74. A strategy could be waiting for a retracement ...

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