EGLD Showing Strength Amidst General Market Weakness
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Been looking for a trade to the upside in names that showed signs of resiliency amidst the general market weakness. 
OGNUSDT and BINANCE:WAVESUSDT have been two trades I have entered prior with the same thesis. EGLD looks like the next one to find support.
I personally view the market playing capital rotation for now and if anything is outperforming everybody is going to chase that as the options to trade long is very limited at the moment.
Looking for near-term, upside at around $205 to $235. Stops below $120.
Anybody looking at this and seeing the same?
OGNUSDT and BINANCE:WAVESUSDT have been two trades I have entered prior with the same thesis. EGLD looks like the next one to find support.I personally view the market playing capital rotation for now and if anything is outperforming everybody is going to chase that as the options to trade long is very limited at the moment.
Looking for near-term, upside at around $205 to $235. Stops below $120.
Anybody looking at this and seeing the same?
Komentarz
Breakout confirmed. A good entry. Will look to run the trend.Komentarz
Still committed to the trade. Consider trailing stops moved up to below 149.0Wyłączenie odpowiedzialności
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