YoungAnalyst

Trend is changing, background is favourable for longs (daily)

做多
AMEX:NGD   New Gold Inc.
The weekly chart shows that accumulation is going on. On the daily chart it is possible to see that demand levels (in green) are respected and supply levels taken out (up trend). Price is currently at a previous demand level and last day was a test from a VSA perspective (low volume hammer). Good long positions can be executed entering now or, in a more conservative way, waiting a retest of the range. A good SL level is below the range.
Weekly chart:
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。