Waiting to see if downtrend is completed. Volume coming in
Here is one to watch, has broken out of a wide consolidation period, I will be interested in picking some up if it successfully retests the breakout level $7.40
Break above $7.10 on volume. stop below 6.85.
Liking how this one is tightening up and volume coming in. Like to see more! and clear 6.95 with volume.
After a retracement down to the 88.6% level, the price is breaking out strongly as RSI and indicators go green. A break and close above $5.25 will be potentially bullish
Due to oversees market its still risk on, form a top down analysis for the communication sector is sitting on res as we speak with a bull shooting star follow by a bear hanging man. This is why i'm looking for a short to the downside with CNU, both daily and weekly are showing strength to the upside confirming with 13 and 50 EMA and MACD. This could lead to a...
-9 Week horizontal range -Strong telecom sector with a lot of focus on the largest market share stock TLS, could help push this up -Earnings on 27th so the later into the week the setup takes to follow through, the less likely I will be to enter -Measured move to 4.22 Will wait for a daily low to set a stop against and will look to place orders for tuesday if R/R is good