looking great risk vs reward.
Be mindful this is a weekly chart and this name moves slowly. We need them to meet their operational commitments including fleet utilization which may be a trigger for this wave 3.
MACD weekly approaching 0 line while we are at a bottom of a potential wave 2. Moving above the 0 line may increase momentum here, paired up with an RSI of 50 if we get there.
Downside - Hoping on the daily we are not on a bearish flag that could be a potential wave 4 to the downside. We need to get above the volume shelf at 3.7.
Be mindful this is a weekly chart and this name moves slowly. We need them to meet their operational commitments including fleet utilization which may be a trigger for this wave 3.
MACD weekly approaching 0 line while we are at a bottom of a potential wave 2. Moving above the 0 line may increase momentum here, paired up with an RSI of 50 if we get there.
Downside - Hoping on the daily we are not on a bearish flag that could be a potential wave 4 to the downside. We need to get above the volume shelf at 3.7.
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.
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.