JUV - Trade Setup
JUV had a 40% move up and seems strong. There are strong buy volumes on the market.
It's pushing up the Bollinger bands but the breakout was so big that we might see some corrections.
Watch out with your long positions. There are two resistance areas on the way up.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle above resistance, you can open your long positions. Use risk management.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $15.14
Good Luck
Tell me your ideas. Like and Share
It's pushing up the Bollinger bands but the breakout was so big that we might see some corrections.
Watch out with your long positions. There are two resistance areas on the way up.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle above resistance, you can open your long positions. Use risk management.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $15.14
Good Luck
Tell me your ideas. Like and Share
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