Short
TYHT: End of Week Winner (Loser)
TYHT Poised for an afternoon sell-off!
Here is my set up and thesis:
MACD stumbling around the average,
The price is bullied up 30% today, well above 100 and 200 day MA's.
RSI is showing overbought at value=70
Entry: 3.64 Add if goes to 3.7
SL 3.83
TP 1: 3.52 (40% position)
TP 2: 3.45 (50% posiotion)
TP 3: 3.23 (10% position)
Good luck, happy Friday!
Here is my set up and thesis:
MACD stumbling around the average,
The price is bullied up 30% today, well above 100 and 200 day MA's.
RSI is showing overbought at value=70
Entry: 3.64 Add if goes to 3.7
SL 3.83
TP 1: 3.52 (40% position)
TP 2: 3.45 (50% posiotion)
TP 3: 3.23 (10% position)
Good luck, happy Friday!
Note
TP 1 ReachedNote
TP 2 ReachedNote
Adding at 3.52
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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.