We are trying a long position in Forward Air Corp Target $85, SL below $60.
ENTRY: 89.44 SL: 83.13 TP: 98 - ADX<25. Would like to be higher. - RSI<65 but >50. Uptrend still intact. - RS and FFI +ve - MAs aligned
#FWRD
Sideways trading channel of price action with RVI in the mid-range as well. Volume starting to drop down as we start to enter earnings week. More investors will start to reduce their exposure to risk this week.
