balapa24

Hidden Bullish divergence after retesting support

NASDAQ:CNSL   Consolidated Communications Holdings, Inc.
From the covid crash to it's peak made a 78.6% retrace. Since then it has moved up to critical fib retracements, moved down testing & retesting support before moving up to the next fib retracement. It is once again showing hidden bullish divergence on the MACD. I'm setting my stop/loss at $4.97 with targets of $6.13, $6.75, and if you're really aggressive $7.52 for a 3rd target. My strategy will be sell 50% at the first target & 50% at the second target. As always, this isn't financial advice it is just what I'm doing to build my own stimulus package.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.