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Diupdate

Buy opportunity: Zayo (channel up and oversold)

NYSE:ZAYO reached the trend line of a parallel channel. As a result RSI and Stochastic RSI are in the oversold zone, and MACD will give buy signal soon.

Entry strategy: wait for bullish candle which cross above the 35 price level. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.

TP: 37 (+5.7%)
SL: 33.75 (-3.5%)
Catatan
Still waiting for a bullish candle which can cross the entry level.
Trade aktif
Price moved above entry level.
Catatan
Let's hope that a nice double bottom is about to form on the daily chart.
Trading ditutup: stop tercapai
SL level reached.

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