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HaseebKhan_90
23 Eki 2021 12:23

WY offering a Pocket Pivot setup! Alış

Weyerhaeuser CompanyNYSE

Açıklama

* Good earnings
* Very strong up trend
* High 3 month relative strength in the Real Estate industry
* In a constructive basing pattern for the past 7 months that's rounding out
* Stable volume with increasing price
* Pocket pivot occurred on the right side of the basing pattern.

Trade Idea:
* You can enter now as indicated if you don't mind a little volatility
* Or if you're looking for a slight discount you can look for buying opportunities near the $36.47 area

Note:
Pocket pivots offer an early entry prior to breakouts. The volume indicates institutional interest.

Yorum

WY is offering another great pocket pivot entry if you missed the last one.
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