Long term indicators fully support a continuation of the trend.
I could not identify any clear divergence in rsi combined with with price action.
The 20 sma is headed towards a bullish crossover of the 200 sma.
Mac D positive crossover.
The new moon is coming on the 12th, I use the lunar cycle with every trade but it may not be in every description I post. Stock returns are, on average, 4 bps lower daily (about 5% annually) for the 15 days around the full moon than for the 15 days around the new moon. Using a 7-day window, stock returns are, on average, 6 bps lower daily (about 4% annually) on the full moon days than on the new moon days.
The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction.
Remember! getting into a trade just off of an indicator is guessing, watch for divergence to find clear shift in momentum and use sma indictors such a golden cross to find confirmation. Also look in the candle sticks at lower time frames to help identify support levels.
I could not identify any clear divergence in rsi combined with with price action.
The 20 sma is headed towards a bullish crossover of the 200 sma.
Mac D positive crossover.
The new moon is coming on the 12th, I use the lunar cycle with every trade but it may not be in every description I post. Stock returns are, on average, 4 bps lower daily (about 5% annually) for the 15 days around the full moon than for the 15 days around the new moon. Using a 7-day window, stock returns are, on average, 6 bps lower daily (about 4% annually) on the full moon days than on the new moon days.
The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction.
Remember! getting into a trade just off of an indicator is guessing, watch for divergence to find clear shift in momentum and use sma indictors such a golden cross to find confirmation. Also look in the candle sticks at lower time frames to help identify support levels.