Inizia
vf_investment

INDUS - overbought at the resistance

Short
vf_investment Aggiornato   
NASDAQ:INDT   None
Trend Analysis Chart Patterns Harmonic Patterns Stocks overbought overbought-condition trading tradingview tradingideas stocktrading
3
3
trendanalysis chartpattern harmonicpatterns stocks overbought overbought-condition trading tradingview tradingideas stocktrading
What we can see on the chart is that the price of the stock is overbought.
The price is above the upper Bollinger Band, and also the stochastic shows us overbought conditions (above 80).

The price currently is at the resistance, therefore it would be the entry for the short position. Stop loss and target are shown on the chart.


Commento:
Resistance is acting as it should. Trading idea still valid
💥 Free signals and ideas ➡ t.me/vfinvestment

Idee correlate

vf_investment
TRXUSD - Oversold - Small bounce
vf_investment
IMO - double top pattern
vf_investment
Jasmy bullish short-term
vf_investment
WWE - rising channel
vf_investment
CHZUSDT - SHORT - BEARISH DIVERGENCE
vf_investment
Russel 2000 Head and Shoulders in play
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.