Labcorp Holdings Long with nice RR
Here are the reasons for long:
1. We are in bullish zone with nice confluence of mitigating 50% SnDR + 50% of previous zone. It is the second tap into the zone.
2. Flip yet to be confirmed, but on lower TF is valid.
3. RSI - no indication of direction
3. Volume - CoB spotted when reaching the lows
4. Nice candlestick formation at the low
VSA score as of 09.10.2024 - 333
RR from 1:2 up to 1:10 depending on your TP&SL level
1. We are in bullish zone with nice confluence of mitigating 50% SnDR + 50% of previous zone. It is the second tap into the zone.
2. Flip yet to be confirmed, but on lower TF is valid.
3. RSI - no indication of direction
3. Volume - CoB spotted when reaching the lows
4. Nice candlestick formation at the low
VSA score as of 09.10.2024 - 333
RR from 1:2 up to 1:10 depending on your TP&SL level
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