Information Position: Long Size: 2 Price: 61.70
AS it showed if we can bounce from here to set the HL daily risk to reward trade is approx 1:3.
Seems like TD bank has bottomed out. Canadian banking sector is strong. I am going long on TD.
If tomorrow daily chart bullish, we can anticipate a TP strategy
Sell pressure supported by good Volume
The second down trend wave is DUE and HERE. MA 200 and MA 25 showed gap bearish on Feb 25th 14th of April and 20th of April. Those are very significant gaps as they happened between MA 25 and MA 200. RSI showed resistance for Jan-April Support line as well as March-April lines. It is very hard to predict where to close your short position. but 48.55$ is a...
Hey there, first idea, trying to get reputation for chat so I can learn more. I'm using RSI to get an idea of when a stock is over/under sold as an indicator for a reversal. I'm using AO to get an idea of short-term vs long term trends as an indicator for a reversal trend. I'm using KST for the same reasons. I compare these against the current trend of the stock...
back to top of 2008 level and gonna see a consolidation level around this range. If it gets supported over the next few weeks, it will become bullish