MikeMM

Interesting setup. 3 rising valley

Long
MikeMM Zaktualizowano   
NASDAQ:LOGI   Logitech International S.A. - Registered Shares
looking here we can see that there is a weekly bullish engulfing candle after support was held yet again, thinking this is a rising accumulation.

Maybe we get a pullback to 30-50% of the bullish engulfing candle before more up? that would be a good entry IMO.

I like this one, even though there's not really any divergences on the MACD. I will check if there is on the RSI after i write this.
Komentarz:
I havent taken this trade, All of my money is tied up in higher conviction plays, but we had a nice little pullback today, if theres another on wednesday, that's probably the entry.
Komentarz:
The entry was available for anyone who wanted it, congrats.
Komentarz:
2nd target reached.
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