reversal and support at fibo 2/3 & 50MA
reversal and support at fibo 2/3 & 50MA
hourly downtrend broken, next resistance 59
close to breaking hourly downtrend, need a volume push over $57.50
Long term bullish, short term uncertainty
Alert set and entry if it crosses that double top conformation 53.75 (Yellow line) . Targets are redlines
Fundamentals are there, Catalysts are there.
Expecting CSIQ to pullback to around 52 I bought a 53/49 back ratio (bought 53p + sold two 49p) for .50
Bullish Flag Pros: Descending volume during formation PPS above 50MA and 200MA ATR Ascending R/R ratio above 7 250RSI above 50 200MA ascending Cons: RS above 0, but descending Target: PT = 69.24$