RLOG Swing Idea - price moved higher / sitting above 50ma

I like the chart set up as there is more buying coming in.

RLOG recent inside buyer helped price back to 50ma. RSI steady increase and MACD is back to par. Needs more time for it to break resistance .34c

Swing Idea: Buy .28 - .30 area - SL at .5c below purchase. PT shown to scale out and move your SL if RLOG starts to run..

DT idea: buy above .34 / RSI at 60

Kommentera:

10/13 scaled out and move SL

Trade stängt: Stopp nått:

Scaled out at .40 and moved SL which was triggered at .36.

Possible continuation but will wait for a better entry at .28 - .30

Kommentera:

Shippers back in play.. RLOG beast out 300%.. Look for continuation tomorrow