1. Analysis:
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
- Already beaten down terribly, good entry.
Very good risk/reward ratio, although earnings is a gamble, stop might fly away, very risky but still appealing.
3 price targets marked on the chart (dashed line) with taking profits at levels to secure position and eventually scale back in after breakout of each area of resistance.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.