ETSY 1/10/21 1D TimeFrame
1. Price action traded outside channel, did a pullback and seems like upper channel boundary acted as a good support where price bounce back for a bullish move.
2. MACD lines seems to converge together and histogram shows a weakening bearish momentum.
3. Stochastics looks oversold ready for a bullish move.
Disclaimer
I do not know how the market will move tomorrow. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice and recommendation. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
1. Price action traded outside channel, did a pullback and seems like upper channel boundary acted as a good support where price bounce back for a bullish move.
2. MACD lines seems to converge together and histogram shows a weakening bearish momentum.
3. Stochastics looks oversold ready for a bullish move.
Disclaimer
I do not know how the market will move tomorrow. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice and recommendation. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.