May the 4th be Insured!

< Comments, Follow, and Likes are appreciated! >

What I see...
+ Support formed back in mid-March
+ Prices slowed moved up along a rising Support trendline
+ Tested ~$27 Resistance 3x in the past month
+ May the 4th be with you!
+ RSI is at mid 50s
+ MACD is just stepping into positive territory and rising
+ Bollinger band is also narrowing

- 10MA is under both 50 and 200 MA
- Prices has pulled away from the 10 MA

How I setup...
+ Long entry at high $28
- Stop under Friday's low
+ Target at mid-March high
:: Duration: 2 weeks?

Ordre annulé:

Prices fell through setup; trade cancelled.