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gingerheadtrader
2 okt 2017 00:06

TAP bottom bouncer.  

Molson Coors Beverage CompanyNYSE

Beskrivning

Not my normal type of play but this thing is too oversold to ignore. Looks like a good setup for a day trade.
Kommentarer
gumbtg
Friday close candle still showing sellers present. Doji with high volume show is always interesting
gingerheadtrader
@gumbtg, agreed it should be very interesting to see what happens. Nothing bullish is glaring at me, but the unjustified oversold conditions are too intense to not at least watch. I wouldn't be surprised at all if this saw $85 again soon, but there is always a small chance it'll just ride this lower channel line.
Mer