Support/Resistance:
A new uptrend parallel lines may be forming. Using the new uptrend parallel lines, the chart may be reaching the major resistance of $2.80.
Indicators:
Looking at the RSI, MACD and stochastic, these three indicators may begin to move up again, which may mean that the start of buying momentum has begun.
My Target Price:
I have accumulated 10 lots at around $2.12. If the price has a chance to drop to $2.00, I will be buying more. If the price reaches $2.80, I will be selling some lots.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
BEST HOME FITNESS EQUIPMENTS
4 years ago
No comments:
Post a Comment