Long
$PIXY
Falling wedge/down-sloping supply line broken. Above horizontal support area.
Daily classic bullish divergence potentially on the MACD and RSI.
Stop = Below lowest close of the short term drawdown from resistance.
1st Target = Short term relief rally to 0.236 fib extension.
2nd Target = Short term relief rally to 0.382 fib extension.
Daily classic bullish divergence potentially on the MACD and RSI.
Stop = Below lowest close of the short term drawdown from resistance.
1st Target = Short term relief rally to 0.236 fib extension.
2nd Target = Short term relief rally to 0.382 fib extension.
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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.