ARWR testing a series of previous highs on weekly chart w Stoch RSI MACD SQZMOM trend up #swingtrading
Full swing trading report out in an hour with trade detail.
High alert on this trade.
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ARWR testing a series of previous highs on weekly chart w Stoch RSI MACD SQZMOM trend up #swingtrading
This is one of those trades / charts that isn't easy to set a specific rice target on - the chart history has many scenarios if previous / historical highs break to upside. One way to trade it is long on an uptrend day with a stop set and let it ride the test. The risk reward to bullish side is significant if it breaks the previous highs. All indicators suggest a significant sized move.