To consider buying
SWDY
I think it would be important to have the market breaking above the black line and closing considerably above the 10 in an upcoming day (Above the green rectangle ) .It would very likely then to continue up to around the 12.5-13.5 area (first blue rectangle) with a potential to reach the 16-17 area at the second blue rectangle .
For the days to come it would be interesting to watch If
SWDY
is strong enough to remain above the green line and close above the red rectangle area .That might indicate a potential future break above the black line and the 10 mark which I think is important before considering to buy.
A significant close below the 7 would mean that it is likely to go down further to the 5.2-5.8 area.
SWDY
I think it would be important to have the market breaking above the black line and closing considerably above the 10 in an upcoming day (Above the green rectangle ) .It would very likely then to continue up to around the 12.5-13.5 area (first blue rectangle) with a potential to reach the 16-17 area at the second blue rectangle . For the days to come it would be interesting to watch If
SWDY
is strong enough to remain above the green line and close above the red rectangle area .That might indicate a potential future break above the black line and the 10 mark which I think is important before considering to buy. A significant close below the 7 would mean that it is likely to go down further to the 5.2-5.8 area.