Long
Is DISH ready to dish out some profits?
On the weekly chart, DISH has been in a steady decline for over a year and is now on sale for
20% of the asking price a year ago. It is sitting on the long term support zone and has passed
over the POC line of the volume profile putting buyers in control. The red doji candle followed
by the green doji candle is the capitulation of the bottom. Volume in 2023 has steadily and
persistently grown compared with 2022. The accumulation/distribution curve slope has
finally approached zero to suggest a price action reversal
. I will take a long trade early and beon the leading edge of the uptrend after noting a 15%
breakout to kick off the month of June.
20% of the asking price a year ago. It is sitting on the long term support zone and has passed
over the POC line of the volume profile putting buyers in control. The red doji candle followed
by the green doji candle is the capitulation of the bottom. Volume in 2023 has steadily and
persistently grown compared with 2022. The accumulation/distribution curve slope has
finally approached zero to suggest a price action reversal
. I will take a long trade early and beon the leading edge of the uptrend after noting a 15%
breakout to kick off the month of June.
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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.