Holding well above Vwap. Over 7 can go again
appears to be forming a local uptrend.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
We rise together.
10+ years of momentum and swing trading.
Options trader since 2020.
635Followers
10Following
4609Visitors
Follow
Maremare : Sliding down
TrendTrader OP Maremare : Yes. It got stuck at 6.5, and so the breakout towards 7 failed.
Leading to a lot of selling action.
This is why comments on charts are only good at the time and not later.
Maremare TrendTrader OP : Wait for it to retrace a bit more before buying again
TrendTrader OP Maremare : I’m all out for now. Won’t buy in again I get a confirmation of uptrend.
TrendTrader OP Maremare : Though the current trend might be good for short scalps
Maremare TrendTrader OP : I agree, 20% swing up is very likely