10X Genomics, Inc - Bullish divergence
On the above 6-day chart price action has corrected 75% since the sell signal back in November 2020. A number of reasons now exist to be long, including:
1) Double ‘incredible buy’ signals. Awesome.
2) Price action and RSI resistance breakouts.
3) Price action is arrested by past support / resistance.
4) Regular bullish divergence following capitulation. Lovely.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6% of portfolio
Timeframe: Rather not say
Return: 100% for starters
1) Double ‘incredible buy’ signals. Awesome.
2) Price action and RSI resistance breakouts.
3) Price action is arrested by past support / resistance.
4) Regular bullish divergence following capitulation. Lovely.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6% of portfolio
Timeframe: Rather not say
Return: 100% for starters
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.