don_shula

HIGH risk play trend reversal $TIGR

Alış
NASDAQ:TIGR   UP Fintech Holding Limited
The price action here looks great, the way the candled closed the day within 10% of the candles high reflects little to no bears in this market. $TIGR was in a bearish trend until earnings came out, the stock has made new higher lows since, which usually suggest a trend reversal.To help support my thesis we'll look at the indicators postures; RSI is at 55 and is nicely erect suggesting upside potential, the stochastics moving averages has crossed & remains erect also indicating a trend reversal. The 9 ema looks ambiugous, because its yet to cross other emas, however taking into consideration the volume has been ascending that last 3 days im extremely bullish on this stock, of course im speculating I believe the first sell zone or take profit zone is at that $24.13 level.

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.