ADBE is showing great RS here. It is forming both a flat base and a VCP at the same time. The RS Line has the green dot and the 
SPX is below the chart with the orange line where you can see the divergence and RS. The green dots are saying there is RS before price is likely to break-out (thanks JohnMuchow which has great indicators here on TV). ADBE is running right up against a declining but flattening 150 Day MA (same as 30-week MA) and area of resistance above. (Horizontal blue line). It is however, above a rising 50 Day MA, 21 Day EMA and 5 Day SMA. I’ve started a ½ size position before it breaks out. With a very tight stop. Ideas, not investing / trading advice.
註釋
As of this morning I have built this out to a full size position. My stop is below the rising blue support line. Now I just have to let the market decide if I have a gain or loss. All I can do now is manage my risk.I'll likely take 1/3 off if / when it breaks above the flat base as I expect selling into strength. TBD
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。