Targa is trading, above the 55 MA..
Updated
Given the fact that RSI will continue trending TRGA will overcome the Resistance area 56 - 59 and if it does the first target should be the upper trend channel where also a little resistance exists at 61-62, A second and final targe should be > 83 - 93 major resistance.
Trade active
as long as the RSI is trending, I feel safe, I can sense a weakening in momentum, but this will reveal the trends trajectory.. Keeping an eye on SL. Good potential, remainds me of VALE.Note
Still retracing, will it hold on the trend line TL? I am willing to take this risk to extend my SL down to 54.xNote
Will TRGA retrace from the TL or will we have a BD ... interesting !Note
This one is testing my patience.. grrrr
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