OPEN has earnings upcoming on 8/3. An analysis of the 4H chart with overlays shows
bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP
landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the
volume profile one month ago. The MACD shows bullish momentum since July 24th.
The dual RSI indicator shows the low time frame green line rising and then crossing the
steady higher black time frame line the past trading day and both being at the 60
level.
OPEN is a long trade setup with earnings around the corner. I will take it.
bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP
landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the
volume profile one month ago. The MACD shows bullish momentum since July 24th.
The dual RSI indicator shows the low time frame green line rising and then crossing the
steady higher black time frame line the past trading day and both being at the 60
level.
OPEN is a long trade setup with earnings around the corner. I will take it.