Go Long on Dash (Short term trade)
DASH has broken upwards out of the parallel channel it was trading in since the last several months.
MACD is indicating a bullish divergence.
RSI has room for more buys.
Its probably safe to go long now.
The 1st probable target from this point is ~927
The 2nd target if it bypasses 1st is ~965
Stop loss around ~873
As always, please provide feedback on the analysis. Thank you!
MACD is indicating a bullish divergence.
RSI has room for more buys.
Its probably safe to go long now.
The 1st probable target from this point is ~927
The 2nd target if it bypasses 1st is ~965
Stop loss around ~873
As always, please provide feedback on the analysis. Thank you!
Trade closed: target reached
Both targets met. Congratulations to those who followed the setup and made profit.
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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.