Let's Hope this Range Bound is not Sustainable!
What I see...
+ Side way move within channel
+ Narrow Bollinger Band
+ Support from both 10 and 50MA
+ MACD is bullish but flat
- RSI is turning south
- Today's close is below 10ma
- Hugh volume from last week on a red bar
What I setup...
+ Long entry above channel
- Stop is below the channel
+ Target is at 39
:: Duration - 3 to 10 sessions
* Comments are Likes are appreciated; New Subscribers are Strong! **
+ Side way move within channel
+ Narrow Bollinger Band
+ Support from both 10 and 50MA
+ MACD is bullish but flat
- RSI is turning south
- Today's close is below 10ma
- Hugh volume from last week on a red bar
What I setup...
+ Long entry above channel
- Stop is below the channel
+ Target is at 39
:: Duration - 3 to 10 sessions
* Comments are Likes are appreciated; New Subscribers are Strong! **