... within an upward trend. Small candles show a lack of momentum.
YEXT is uptrend counter need more patient to get better result. My TA criteria Now price is consolidated at descending wage pattern. Buy On Breakout Entry when breakout this pattern. Cut loss if below 23.7 or below EMA 50, or Buy On dip if price f 1. Reversal candle appear 2. stochastic oversold 3. Retrace at Fibo 38.2 or 61.8% 4. Between EMA line My FA...
Crypto is in a bear market until I dont know when so until it becomes bullish im going to stick with stocks which I do have more faith in at the moment. This one I believe will continue to break out to new highs because a 52 day high is rarely a bearish sign. But we'll see.
This is a young company with many positives going on. Please do further research, if this could be a investment opportunity. Also, $11.86 was Fib. Ret (Golden Ratio or reversal) which happened not to long ago.
a good looking low risk trade from possible double bottom with a tight stop here details in chart these are just a few things i typically look for reading a chart possible return 5-20%
Since I'm still learning about trading I wanted to post this to see if my analysis is correct. Any feedback is welcome.