PERI Long [Trend Continuation]
Market Phase & Period:
- Uptrend: July 2022 - ongoing
Description:
- A bullish trend began in July 2022 after approximately 6 quarters of consolidation
- The price broke the $30 level with increased volume and reached a peak of $43
- There was a rebound to $30 followed by increased volume, which held the price in late May
- There was strong price action on July 6th with increased volume
Action:
- Considering a long trade with a target of $53 and a stop below the level
- The RR ratio is 3.5 to 1
Risks:
- There was an increase in short volume in late April to early May
- Uptrend: July 2022 - ongoing
Description:
- A bullish trend began in July 2022 after approximately 6 quarters of consolidation
- The price broke the $30 level with increased volume and reached a peak of $43
- There was a rebound to $30 followed by increased volume, which held the price in late May
- There was strong price action on July 6th with increased volume
Action:
- Considering a long trade with a target of $53 and a stop below the level
- The RR ratio is 3.5 to 1
Risks:
- There was an increase in short volume in late April to early May
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.