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Ive been watching this stock and is it showing a text book play for a cup and handle break out on the 1 year chart. CMF is turning positive and full stoch is turning up. You want to start looking for entry positions.
aristoentertainment
posted
aristoentertainment
posted
Nice doji formed today on monday. Thats good we should get a break out in the upward direction IMO. Cup and handle very good almost all the time. Keep watch as always for i already have my position. I think this thing just needed a breather today for being up two days in a row. Monday should tell the true direction of this stock.
aristoentertainment
posted
That doji is what im waiting for if it trades above the doji in the morning a strong reversal is confirmed and you have good enty if you were in before or got in that morning. Chart looks nice. Notice it failed to break the 3 barrier , but i think monday we will . The doji means indecision between buyers and sellers. I think buyers will win. I saw 2 orders for over 20,000 come in at or around 2.94-2.96