TRICAN WELL SERVICE
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TCW Counter Trend Opportunity

160
The price of this stock is inside a descending channel. The lower black line is the support while the 50 MA is the acting resistance level.
I think the price would hit around $2.83 being its support level. I will buy with 2 confirming candles and sell once it hits the resistance level which is the 50 MA.
This is another stock that has 50c profit/share. Risk is moderate. I would enter with only a few hundred dollars.
Not
Looks like it is going to hit the support level soon, counter trend trading is imminent for this trader.

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.