On April 22, 2024, 
IOT showed its first reaction at its MA-150/200 and closed the session at the high.
During the last 5 sessions, from April 16,IOT formed a small possible bottom pattern when it did not make the new low while the general market 
SPX 
NDX did so.
Therefore I think we can try an early entry here with the stop 1%-2% below the low of this session, which are also below the MA-200.
IOT showed its first reaction at its MA-150/200 and closed the session at the high. During the last 5 sessions, from April 16,
IOT formed a small possible bottom pattern when it did not make the new low while the general market SPX NDX did so. Therefore I think we can try an early entry here with the stop 1%-2% below the low of this session, which are also below the MA-200.
Operación cerrada: objetivo alcanzado
We closed the trade at the end of the April 23 session as it reached our target around MA-20Nota
The stock did pull back a little to MA-21 after I sold it. Then, on April 26, it broke through MA-50.With 5 up sessions from the bottom, it is hard to open a new position here. Let’s look for any pullback in this stock this week.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.