Labcorp Holdings Long with nice RR
Here are the reasons for long:
1. We are in bullish zone with nice confluence of mitigating 50% SnDR + 50% of previous zone. It is the second tap into the zone.
2. Flip yet to be confirmed, but on lower TF is valid.
3. RSI - no indication of direction
3. Volume - CoB spotted when reaching the lows
4. Nice candlestick formation at the low
VSA score as of 09.10.2024 - 333
RR from 1:2 up to 1:10 depending on your TP&SL level
1. We are in bullish zone with nice confluence of mitigating 50% SnDR + 50% of previous zone. It is the second tap into the zone.
2. Flip yet to be confirmed, but on lower TF is valid.
3. RSI - no indication of direction
3. Volume - CoB spotted when reaching the lows
4. Nice candlestick formation at the low
VSA score as of 09.10.2024 - 333
RR from 1:2 up to 1:10 depending on your TP&SL level
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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.