1/21/25 - RIGL: new BUY mechanical trading signal.
1/21/25 - RIGL: new BUY signal chosen by a rules based, mechanical trading system.
RIGL - BUY
Stop Loss @ 16.25
Entry BUY @ 21.81
Target Profit @ 27.80
Analysis:
Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3 BUY pattern...where the current lowest bottom breakout price is greater than the preceding bottom price.
Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.
RIGL - BUY
Stop Loss @ 16.25
Entry BUY @ 21.81
Target Profit @ 27.80
Analysis:
Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3 BUY pattern...where the current lowest bottom breakout price is greater than the preceding bottom price.
Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.
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