After the bottom in May of 2022, the price gapped up and broke through its resistance in $550.
Then formed a base to digest this move before continuing its trend up, this was my signal to buy as it broke out above $636. After that it didn't follow through and its RSI signaled weakness so I sold.
I don't like to hold positions that aren't going anywhere even if I'm on profit.
Still, its relative strength againts its benchmark (
IJH) shows leadership and the price is still near highs so, I'll wait and see if it can breakout this base-over-base.
The RS ratio already broke out, the price could follow.
If not, I won't buy it again.
Then formed a base to digest this move before continuing its trend up, this was my signal to buy as it broke out above $636. After that it didn't follow through and its RSI signaled weakness so I sold.
I don't like to hold positions that aren't going anywhere even if I'm on profit.
Still, its relative strength againts its benchmark (
The RS ratio already broke out, the price could follow.
If not, I won't buy it again.
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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。