CWY_Long on retracement after breakup from downtrendline + HVN

Wkly:
RS > 0; FFI < 0
MACD Bearish
Stoch D% + K% < 50
RSI > 50
Daily:
RS < 0; FFI > 0
MACD Bullish
Stoch D% + K% > 50
RSI > 50
Relatively good vol breakup from downtrendline & HVN on 20 Aug 21, price retrace w/ decreasing vol and exhibit strong vol uptrend continuation on 27 Aug 21

Entry: $2.63
SL: $2.52
TP1: $2.87
TP2: $3.25

Yorum:

Hit adjusted SL @ $2.71; poor price action for last few days