Theta has been into almost 6 months of low volume accumulation period. Recently there is some sort of increase of volume in it. Expecting it to go for a rally soon. So if we close daily and stay above the monthly pivot which is mentioned in the chart, then there will be chances the mentioned target will get achieved. The target mentioned is the safest one and the stoploss would be the previous swing low from your entry.
Will update if we get above the pivot
Will update if we get above the pivot
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Keep an eye Theta is reaching the pivot and lets see if it holds.
Bình luận:
It didn't holded well above pivot so went down