CWEB starting to look better with this wedge breakout

2022年1月14日

I'd like to see a retest of the wedge for a safer entry or a consolidation for a few days above the green line around $12.35
The daily RSI has also broke resistance which is typically bullish.

Lately CWEB has been sold off after going above the 34 EMA, it has to stay above that to gain confidence in a long-term uptrend.

2022年1月18日

注释

Today might have been the retest, but it still didn't go as low as I was targeting so I'm still waiting for now.

2022年1月24日

交易开始

I like the bounce on CWEB here right in the area where I wanted to see a retest of the breakout so I have entered a position.

2022年2月9日

交易结束：到达目标

Closed this trade as it is hitting resistance and slowing down. I will want to buy it back again after a pullback.