ETON jumped on a big earnings report a week ago. This small cap biotechology
company is making big money and traders responded. It has now experienced
a standard 0.5 Fib level retracement pullback and traders early in the jump
take profit. At this level new buyers have equilibrated with those selling their
shares and taking profit. The ZL MACD lines are ready to cross bearly under the
histogram whose negative/ red amplitude is reverting toward the zero line.
The lines of the dual time frame RS indicator have held above the 50 level.
In consideration of this healthy pullback and buying /selling pressure equilibrium
I will take a long trade looking for 15-20% upside considering also the uprising
fundamentals of the stock based on the big earnings beat.
company is making big money and traders responded. It has now experienced
a standard 0.5 Fib level retracement pullback and traders early in the jump
take profit. At this level new buyers have equilibrated with those selling their
shares and taking profit. The ZL MACD lines are ready to cross bearly under the
histogram whose negative/ red amplitude is reverting toward the zero line.
The lines of the dual time frame RS indicator have held above the 50 level.
In consideration of this healthy pullback and buying /selling pressure equilibrium
I will take a long trade looking for 15-20% upside considering also the uprising
fundamentals of the stock based on the big earnings beat.
노트
On the weekly chart ETON demonstrates a big engulfing bullish candle with confirmatory indicators showing the momentum flip 액티브 트레이드
For those maybe looking for another setup idea 
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.