Based on Wednesday's dip and yesterday's slow upward progression, I extended the two day channel and visually see an opportunity for a small gain. The Stoch RSI is low and money flow is low, both ready to change directions. With the upward momentum in the channel, I see a buy opportunity at $52.70 with a SL at $52.50 and TP between $54.00 - $54.30.
Always remember to use Stop Losses and trade responsibly. Have a great trading Friday!
Always remember to use Stop Losses and trade responsibly. Have a great trading Friday!