This is absolutely not a picture perfect setup. The way price is going up is a little wilder than I like if I have thousands of stocks to choose from. The MACD is just there to show you I'm a serious trader.
Bullish elements:
It is technically a strongly bullish market, it has made a 52 week high repeatedly, and it is increasing OBV, with MA's moving upward. Sounds like a sweet deal.
What's Bearish about it:
What comes up goes down. Pullbacks are cutting deep and fast. If one of them gets follow through; say hello to the bears.
RSI is showing Lower Highs.
Anyone holding VUZI positions? Looking to jump into a new positions this week? Love to hear other perspectives. Comment Below!
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I need 2 more followers to be at 69, I think that will give me favor in the eyes of the algorithm. I know it will.
So if you feel the need to practice your obedience you can go ahead and fill that void by following my posts.
Bullish elements:
It is technically a strongly bullish market, it has made a 52 week high repeatedly, and it is increasing OBV, with MA's moving upward. Sounds like a sweet deal.
What's Bearish about it:
What comes up goes down. Pullbacks are cutting deep and fast. If one of them gets follow through; say hello to the bears.
RSI is showing Lower Highs.
Anyone holding VUZI positions? Looking to jump into a new positions this week? Love to hear other perspectives. Comment Below!
----
I need 2 more followers to be at 69, I think that will give me favor in the eyes of the algorithm. I know it will.
So if you feel the need to practice your obedience you can go ahead and fill that void by following my posts.