1. Analysis:
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.