I know a lot of people on this name. In a descending triangle and 63% of the time that a price rises up into this pattern, the price break above this pattern. So odds here, 63% on a break above. The implied move on this break above would be 9.48pts. Support lines in green.
I want to see the blue downtrend line break with a daily candle close and the candle get above the red bollinger band. This is not something SOS has been able to do in quite some time as you can see the red Bollinger band has rejected it multiple times. This will allow you the best low risk, high reward set-up. GL
I want to see the blue downtrend line break with a daily candle close and the candle get above the red bollinger band. This is not something SOS has been able to do in quite some time as you can see the red Bollinger band has rejected it multiple times. This will allow you the best low risk, high reward set-up. GL
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.