Look for a breakout on a closing basis above 207, has a potential to give really quick 10% Reasons to long, 1. Very huge volumes shows a lot of buying pressure 2. Already made multiple attempts to break the resistance Wait for the breakout though Disclaimer: For learning purposes
Stock has a breakout, reasons for long: 1. Flat top, symmetrical triangle, or even poll and flag breakout 2. Increase in volumes 3. High risk to reward ration 4. Started with a huge RSI divergence
Stock seems to have broken the symmetrical triangle with volumes Reasons for long: 1. Symmetrical triangle breakout 2. High volumes 3. Bullish in bearish Market 4. Regained all major EMAs 5. RSI showing strength
Reasons for long: 1. High weekly volumes 2. Double bottom formation in process on higher time frame 3. RSI divergence on weekly time frame 4. Could be a good positional candidate Disclaimer: For learning purpose only