-RSI reached 85 level, bounced off 40 on the daily . Can't get much better than that
-MACD has tons of room to run, just bullishly diverged
I understand the D has a higher value than B.
E does penetrate the lower of the ABCDE which is completely normal
Stoploss can be adjusted to $190~
The chart is self-explanatory. I will update the idea as time progresses
One last drawing
Currently at 272, tight entry with stop at 264