$BLOOM Daily Chart as of November 13, 2017 |
Notes:
1. Trading around 61.8% Fib Ret level.
2. Stochastic appears to slightly change its ascending direction or probably turning.
3. RSI respecting the trend line resistance.
4. Past RSI break outs on its trend line resistances are (trend) line resistance breaks in price.
5. Should an RSI trend line resistance break happens, a sample trade is provided. DO NOT attempt to execute the trade unless you are fully aware of the risks involved.
Mind the levels, mange the risks.
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