Hello Traders,
This looks like a potential push into a stage 2 uptrend . I took this long based on validation of volume/price action and the move above range resistance.
It is quite early to be getting long tbh. For one , The 200 ma is still not angled up and the 50 ma is still below the 200 MA. But, it does look like WRAP is setting up for a potential golden cross soon and the price action is supportive .
If you are interested in longing but have not yet entered I would suggest considering waiting for either a successful retest of a significant support or for a base to form from which you can wait for a break up to buy. I don't think this current price is a good entry from a risk viewpoint though ( my entry was on the 26th ) . It is of course always possible for the move to fail and we fall back in to that range too, good so far though .
This looks like a potential push into a stage 2 uptrend . I took this long based on validation of volume/price action and the move above range resistance.
It is quite early to be getting long tbh. For one , The 200 ma is still not angled up and the 50 ma is still below the 200 MA. But, it does look like WRAP is setting up for a potential golden cross soon and the price action is supportive .
If you are interested in longing but have not yet entered I would suggest considering waiting for either a successful retest of a significant support or for a base to form from which you can wait for a break up to buy. I don't think this current price is a good entry from a risk viewpoint though ( my entry was on the 26th ) . It is of course always possible for the move to fail and we fall back in to that range too, good so far though .
Ghi chú
Sold half today at $8.56 , stop same as before .Đóng lệnh: dừng lỗ
was stopped out of remainder of this yesterday , very positive new developments in terms of news and I like their website changes , we might be forming a base here before a new move up ,selling volume mostly has been below average too , ill be watching .
艾力克~
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艾力克~
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.