Important level to watch for intraday/ swing in Ultratech
アップデート済
Ultratech has been inching up for the last few trading sessions.
RSI is above 55, showing strong momentum. MACD is above the signal line and moving up. Good signals.
Although we see strong green candles, volumes have been below average. Price is trading close to an important resistance zone formed by a falling gap. if we draw a line through this gap, it touches another point in the past, making it even stronger.
This level needs to be watched closely, if the price sustains above it, the closest target is marked on the chart.
Risk reward is not in favor of swing trade, Intraday can play out better in this one.
RSI is above 55, showing strong momentum. MACD is above the signal line and moving up. Good signals.
Although we see strong green candles, volumes have been below average. Price is trading close to an important resistance zone formed by a falling gap. if we draw a line through this gap, it touches another point in the past, making it even stronger.
This level needs to be watched closely, if the price sustains above it, the closest target is marked on the chart.
Risk reward is not in favor of swing trade, Intraday can play out better in this one.
ノート
The indicators are showing bullish momentum but the price chart does not look right for deploying a long trade.The price has closed above the gap but it's forming weak candles with low volumes.
Not an ideal condition to buy. The price action needs to show strength, supported by volumes and indicators. We should never take a trade only based on indicators.
Let's wait and watch if we get a better opportunity.
This stock is on my radar and I'll be posting updates. Consider following me.
注文をキャンセル
No clear signal
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。