May the Bullish Engulfing Force be with You!

2020年5月15日

** Likes and Comments are appreciated; New Subscribers are cool! **

What I see...
+ Bullish Engulfing candle
+ Prices were supported by the 50MA
+ Today's engulfed bar closed above the 10MA
+ Prices held its position despite lackluster earnings
+ RSI at 51 and rising
+ Bollinger Band is squeezed with prices hanging out towards the lower band
+ Price has been moving side way within channel
+ 10MA has just crossed up last week

- MACD is flat at zero
- Lower high formed this week compared to last week when last week had earnings

What I setup...
+ Long entry above today's high
- Stop at early April's low
+ Target is at high $140s...
:: Duration - months!

2020年5月16日

交易進行

Setup triggered; Long

2020年5月18日

交易進行

Moved Stop to BE