Price Action downward, however MACD taking trajectory upward.
As long as 225 levels are maintained, stock can seeing upward momentum.
Stock has also crossed 200 EMA.
Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.
As long as 225 levels are maintained, stock can seeing upward momentum.
Stock has also crossed 200 EMA.
Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.
Comment:
Stock is near the Support/Resistance zone now. Once it has successfully crossed this level/Closes above this level on the weekly charts, it will start going up even faster.
10% Profits done so far.
Trade seems to be going exactly as expected.