Envista Bullish Engulfing with High Volume!
Updated
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What I see...
+ ultra high vol. Bullish Engulf candle to close above 10ma!
+ Very tiny upper shadow
+ RSI has just crossed into bullish territory and turning upward
+ Bollinger Band is narrow
- MACD is bearish and under
- Overall weaker trend
- 1st Resistance at $20
What I setup
+ Long entry above today's high
- Stop at today's low
+ Target at $24, although unlikely
:: Duration - 1 to 3 days
What I see...
+ ultra high vol. Bullish Engulf candle to close above 10ma!
+ Very tiny upper shadow
+ RSI has just crossed into bullish territory and turning upward
+ Bollinger Band is narrow
- MACD is bearish and under
- Overall weaker trend
- 1st Resistance at $20
What I setup
+ Long entry above today's high
- Stop at today's low
+ Target at $24, although unlikely
:: Duration - 1 to 3 days
Trade closed: stop reached
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