Long
AQUA, Time To Buy?
Hello fellow traders and investors, here's another trade idea.
AQUA has recently pulled back to the SMA200 and to the trendline, previously AQUA tends to make a reversal whenever it approaches the SMA200. If AQUA makes a full recovery it offers a little bit over a 26% ROI.
Technicals:
The Macd indicates that AQUA is oversold
The Ema's indicate that AQUA is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are two options on where to sell. The first option would be to sell at its previous high which offers around a 27% ROI and the second option would be to sell at the upper trendline which offers around a 35% ROI.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
AQUA has recently pulled back to the SMA200 and to the trendline, previously AQUA tends to make a reversal whenever it approaches the SMA200. If AQUA makes a full recovery it offers a little bit over a 26% ROI.
Technicals:
The Macd indicates that AQUA is oversold
The Ema's indicate that AQUA is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are two options on where to sell. The first option would be to sell at its previous high which offers around a 27% ROI and the second option would be to sell at the upper trendline which offers around a 35% ROI.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
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