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AQUA, Time To Buy?
Hello fellow traders and investors, here's another trade idea.
AQUA has recently pulled back to the SMA200 and to the trendline, previously AQUA tends to make a reversal whenever it approaches the SMA200. If AQUA makes a full recovery it offers a little bit over a 26% ROI.
Technicals:
The Macd indicates that AQUA is oversold
The Ema's indicate that AQUA is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are two options on where to sell. The first option would be to sell at its previous high which offers around a 27% ROI and the second option would be to sell at the upper trendline which offers around a 35% ROI.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
AQUA has recently pulled back to the SMA200 and to the trendline, previously AQUA tends to make a reversal whenever it approaches the SMA200. If AQUA makes a full recovery it offers a little bit over a 26% ROI.
Technicals:
The Macd indicates that AQUA is oversold
The Ema's indicate that AQUA is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are two options on where to sell. The first option would be to sell at its previous high which offers around a 27% ROI and the second option would be to sell at the upper trendline which offers around a 35% ROI.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
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