Well, it has the connors rsi below 30. had a good performance in the past with this setup.
also, we see the stock right in the support given by the last low. Yes, we realized it lost a long Up trend line, but we haven't saw the same in the accumulation and distribution, which makes us believe it was a false breakdowno. Well. the stop is right below todays low... and the target is 5% above...
that's interesting, when we have a good payoff relation.
also, we see the stock right in the support given by the last low. Yes, we realized it lost a long Up trend line, but we haven't saw the same in the accumulation and distribution, which makes us believe it was a false breakdowno. Well. the stop is right below todays low... and the target is 5% above...
that's interesting, when we have a good payoff relation.
