Buy Signals:
- Bullish Divergence
- Fibonacci Cluster ( matches beginning of div )
Other Signals:
- Greater than average volume breaking above the Cloud ( this would validate a trend change)
Invalidation:
- BB%B: A significant drop below the bullish div trend line
- Cloud: Greater than average volume with drop in price in within or below.
Target Price:
- $38.20
Stop Loss:
- fluid ( * lack of stop loss is not advisable * )
Strategy:
- Dollar Cost Average while price is below $16
Type of Trade:
- Long Swing Trade
- Bullish Divergence
- Fibonacci Cluster ( matches beginning of div )
Other Signals:
- Greater than average volume breaking above the Cloud ( this would validate a trend change)
Invalidation:
- BB%B: A significant drop below the bullish div trend line
- Cloud: Greater than average volume with drop in price in within or below.
Target Price:
- $38.20
Stop Loss:
- fluid ( * lack of stop loss is not advisable * )
Strategy:
- Dollar Cost Average while price is below $16
Type of Trade:
- Long Swing Trade