DUE GY: Our expectations: Proper places for new log positions after a price action signal from other technical indicators with SL 102.02.
Alternative scenario: A decline in the stock's price below the recent high will give us a signal for a mood shift and possible short.
Commentary: Rising trend, higher highs and higher lows.
Price above 200 EMA, 50 EMA above EMA 200
Price on diagonal support, bar with taller shadow and an engulfing bar - price action signal.
Correction to 38.25 Fibo
Стефан Д. Ангелов - Head of Stocks Trading
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