Could see a breakout soon to 15000ish levels within the upward channel, MACD is close to crossing over on the 4hr chart. Would need to see some good volume come in.
SHORT means downward, LONG means upward. You should correct your chart.
SovereignSoul
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@calikburak, Thank you for the heads up, I am not able to edit, but I appreciate your concern.
eternal.melih
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Short?
SovereignSoul
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@Eternal.melih, Yes, I think in the short term we could move from 1100-1500
dotMorse
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@drose22004, The reference of long and short is not to do with time frame but the direction of trade. Ie Long is to buy, short is to sell. A common mistake am one that I made when I was starting out. Might be worth correcting your chart so people don't get confused you are recommending a sell order.
@dotMorse, Thank you for the reference. Will make this appropriate adjustment on the next charts. Once the charts are published they can not be removed or edited.
dotMorse
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@drose22004, I do agree with you though. Stratis does look set for a breakout once the volume is there. Is has hit a firm resistance level and will probably have a short consolidation period. The same can also be said for Powr. Both are almost identical.
(I have a small holding in both so take that for what it is)