This stock actually popped up on one of my daily scans that I run each day, and it came up on my BEARISH scan. However, once I zoomed out to the weekly chart I actually really like this as a weekly bullish play.
The weekly chart is trying to exit an oversold condition with little volume resistance overhead. It has broken out of a bullish wedge pattern after creating a bit of a flag pattern prior. I have my potential price targets noted on the chart. If you wanted a better entry, the price may fall for a little in the near-term as it did pop up on my bearish daily scan but I would definitely keep this on a watchlist.
The weekly chart is trying to exit an oversold condition with little volume resistance overhead. It has broken out of a bullish wedge pattern after creating a bit of a flag pattern prior. I have my potential price targets noted on the chart. If you wanted a better entry, the price may fall for a little in the near-term as it did pop up on my bearish daily scan but I would definitely keep this on a watchlist.
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.