MNMD Long based on Fundmntls, Lvls and MetaWorldCrypto indicator
Hypothesis: pharmaceutical company price depressed due to conflict between management and investor, price artificially low due to FUD.
Confluence on W1 charts:
1. Price near ATL and 2020 support levels (year of IPO), see Early 2020 Support, and 2020 Support Levels.
2. Advanced RSI in oversold band with three Regular Divergence -Bullish signals
3. Setups & Trends also showing same three Regular Divergence - Bullish signals (same signals as above)
4. StRSI <10% with K crossed up D
Confluence on H1 chart
1. Price below Early 2020 and 2020 support levels and bouncing off Oct 2022 support.
2. Setup & Trend and Advanced RSI showing three Regular Divergence - Bull signals
Position: Entered at $2.82 with SL at $2.70, TP1 at $3.75
Risk Management: RR 7.75, Portfolio Risk % 0.43%, SL% Loss 4.26%, TP1% Gain 32.98%
Confluence on W1 charts:
1. Price near ATL and 2020 support levels (year of IPO), see Early 2020 Support, and 2020 Support Levels.
2. Advanced RSI in oversold band with three Regular Divergence -Bullish signals
3. Setups & Trends also showing same three Regular Divergence - Bullish signals (same signals as above)
4. StRSI <10% with K crossed up D
Confluence on H1 chart
1. Price below Early 2020 and 2020 support levels and bouncing off Oct 2022 support.
2. Setup & Trend and Advanced RSI showing three Regular Divergence - Bull signals
Position: Entered at $2.82 with SL at $2.70, TP1 at $3.75
Risk Management: RR 7.75, Portfolio Risk % 0.43%, SL% Loss 4.26%, TP1% Gain 32.98%
Anmerkung
If you're interested in the MetaWorld Crypto indicator suite, check it out in the link below. This isn't the only indicator suite I've used, just the best.There's a 7-day no risk trial and if you get in early (be one of the first 500 subscribers) you can lock in 50% off the monthly rate with the link below. I am an affiliate and by using this link you help me continue to provide ideas and alpha. Thank you.
MetaWorld Crypto indicator suite Registration Link:
👉🏼metaworldcrypto.xyz?deal=metadimensional
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.