Pros: - Hammer with decent volume. Slight more than usual - SMA 50 is well respected in the past - Well respected SMA100 makes up for it - Very clear uptrend Cons: - No divergence
One of my trend retracement strategies . Average win Rate 50 - 80%. Long 133.01 Stop Loss 130.42 Profit target 138
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
All three time frames are up looking to go long at 90 dollars a share