Guardant Health ( GH ) uptrend confirmations
GH is at a consolidation zone with a resistance line 70 standing on two doji candlesticks.
Technicals:
(RSI, 14) daily 48
(SRSI, 14) daily @.15 growing
** If RSI increases to >55, uptrend is confirmed. SRSI should grow exponentially at this point.
Bollinger on a tight squeeze on time frames <1day.
Moving directional index:
DI+ crossing the DI-
Recommended trade:
Entry 70
Sell target 73
Stop loss @68
RRR:1.5
Note!!:
Check if indicators continue on uptrend to before confirming entry.
Technicals:
(RSI, 14) daily 48
(SRSI, 14) daily @.15 growing
** If RSI increases to >55, uptrend is confirmed. SRSI should grow exponentially at this point.
Bollinger on a tight squeeze on time frames <1day.
Moving directional index:
DI+ crossing the DI-
Recommended trade:
Entry 70
Sell target 73
Stop loss @68
RRR:1.5
Note!!:
Check if indicators continue on uptrend to before confirming entry.
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