When I see a broadening formation taking place like we see in
AAN
and it is in a bullish reversal trend,I get excited. Why? There are many orders still in the gap between the blue lines that need to be filled. Now, it's our chance to buy, hold and wait to get those filled. When will this happen? With time it generally all gaps get filled unless there is something fundamentally wrong which I do not see here. I like how to MACD has crossed and the TTM squeeze is taking place. My targets are in the blue lines and my stop loss is the red line.
AAN
and it is in a bullish reversal trend,I get excited. Why? There are many orders still in the gap between the blue lines that need to be filled. Now, it's our chance to buy, hold and wait to get those filled. When will this happen? With time it generally all gaps get filled unless there is something fundamentally wrong which I do not see here. I like how to MACD has crossed and the TTM squeeze is taking place. My targets are in the blue lines and my stop loss is the red line.