on the retractment of the prior uptrend and appears
to be setting up a new uptrend with a K/D line cross
under the MACD histogram and rebuilding of relative volume
The last uptrend was 70% . Could this happen again next week?
Earnings were decent. Price is sitting above the support of
the Ichimoku Cloud and ready for more accumulation towards
a build of momentum.
I will play this with call options for 3/17 at a strike of $6.00
knowing the support of the fib level ( gray box on chart)
is above that. Hope for 2X ( 100 % profit) in 5 days or less.
Short interest - short squeeze potential - $$$
to be setting up a new uptrend with a K/D line cross
under the MACD histogram and rebuilding of relative volume
The last uptrend was 70% . Could this happen again next week?
Earnings were decent. Price is sitting above the support of
the Ichimoku Cloud and ready for more accumulation towards
a build of momentum.
I will play this with call options for 3/17 at a strike of $6.00
knowing the support of the fib level ( gray box on chart)
is above that. Hope for 2X ( 100 % profit) in 5 days or less.
Short interest - short squeeze potential - $$$
Trade active
Note the MACD indicator on this chart is the ZERO LAG 👍 version making it a bit better than the standard which lags.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.