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vf_investment
May 27, 2020 6:48 AM

Altair trend reversal incoming? short-term long 

Altair Engineering Inc.NASDAQ

描述

The price of Altair Engineering is moving in a clear uptrend-corridor. MACD looks optimistic, indicating no divergence and trend-reversal, but the RSI indicates overbought conditions and the moving averages are still pessimistic. I would go for a short-term long when the price is at its next swing-low inside the corridor or go for a very short-term short right now for 2 or 3 days.

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Please, maintain proper position sizing and risk management!
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