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ORTX showing bullishness

ORTX has a few bullish signs that make me want to go long on it:
- Broke out of a negative trend on 6th Jan
- Golden Cross formation on 8th Jan (EMA 20 crossing EMA 100 in upward trend)
- Currently forming the handle of the cup with handle pattern
- Positive MACD on daily and weekly time frames
On top of that, ORTX has strong fundamentals and growth - something I personally like when I buy stocks, even just for trading purposes.
Entry point: $7.38
I'd expect it to grow parabolically until hitting the $10.28 resistance.
Any critique is welcome, I'm new to this. :)
Good luck!
- Broke out of a negative trend on 6th Jan
- Golden Cross formation on 8th Jan (EMA 20 crossing EMA 100 in upward trend)
- Currently forming the handle of the cup with handle pattern
- Positive MACD on daily and weekly time frames
On top of that, ORTX has strong fundamentals and growth - something I personally like when I buy stocks, even just for trading purposes.
Entry point: $7.38
I'd expect it to grow parabolically until hitting the $10.28 resistance.
Any critique is welcome, I'm new to this. :)
Good luck!
İşlem aktif
Apologies, on the daily chart there is a first resistance at $9.08 and on the weekly chart the resistance is at $9.77, not $10.28 as originally mentioned.Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.