Another "candidate" for Buy on DIP - IQ
Price slides ~30% from mid June peak @ 46.
Price retrace to 50% Fibo level. Support at 30 level looks solid
Price stay above EMA50 and starting to cross above EMA20.
Volume is picking up. ~50m traded exceed 40m moving average.
No sell signal from Bollinger Band indicator..
Price closes above high of last 2 candles for the first time with +ve force index.
RR Ratio > 2
Price slides ~30% from mid June peak @ 46.
Price retrace to 50% Fibo level. Support at 30 level looks solid
Price stay above EMA50 and starting to cross above EMA20.
Volume is picking up. ~50m traded exceed 40m moving average.
No sell signal from Bollinger Band indicator..
Price closes above high of last 2 candles for the first time with +ve force index.
RR Ratio > 2
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www.tradingview.com/script/viAR3Ilo-Trend-Sign
www.tradingview.com/script/mbiUr95n-MCDX-Plus/
www.tradingview.com/script/mcAidXIT-FiFT-Pro/
www.tradingview.com/script/viAR3Ilo-Trend-Sign