I will try a swing trade at this levels.
bought 24.60
Stock is beaten down hard. It just touched the previous resistance level + its a 0.786 fib retracement from previus hights.
RSI is in divergence.
1. st price target 26.66 (0.618 fib. retracement) -10% gain
bought 24.60
Stock is beaten down hard. It just touched the previous resistance level + its a 0.786 fib retracement from previus hights.
RSI is in divergence.
1. st price target 26.66 (0.618 fib. retracement) -10% gain
Trade active
RSI divergence on daily chart
Order cancelled
Ha, I tried the fib retracement for the first time and I draw it wrong. Sorry :)