RCECAP, gap to close?
Still under selling pressure at this moment.
Daily RSI, Stochastic are oversold.
1h : wait for stronger signal = better HL as confirmation of reversal trend / rebound. It must follow with HH and another 2nd HL.
And as usual, I will seek at least 3 confirmations. Anything less is gambling.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
Daily RSI, Stochastic are oversold.
1h : wait for stronger signal = better HL as confirmation of reversal trend / rebound. It must follow with HH and another 2nd HL.
And as usual, I will seek at least 3 confirmations. Anything less is gambling.
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
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.