Another swing trade idea for you! ð
Hey guys! Another trading idea for you! CMPS looks interesting for a swing trade!
In the 4h chart it is doing a good bullish pattern (harami) just above the 20ma and the 36.36 (red line).
The purple area is a resistance area, as the daily chart suggests.
CMPS just hit the 20ma in the daily chart too, along with the 20ma. If it loses these points, then we must wait for another entry point, but if it triggers the harami in the 4h chart, it has good chances of breaking the purple area.
This would be a pivot point for CMPS, that could lead it to higher levels, maybe the 50s!
Letâs watch CMPS closely! ð
If you liked this trading idea, remember to click on the âFollowâ button to get more trading ideas like this, and if you agree with me, click on the âAgreeâ button ð.
See you soon,
Melissa.
In the 4h chart it is doing a good bullish pattern (harami) just above the 20ma and the 36.36 (red line).
The purple area is a resistance area, as the daily chart suggests.
CMPS just hit the 20ma in the daily chart too, along with the 20ma. If it loses these points, then we must wait for another entry point, but if it triggers the harami in the 4h chart, it has good chances of breaking the purple area.
This would be a pivot point for CMPS, that could lead it to higher levels, maybe the 50s!
Letâs watch CMPS closely! ð
If you liked this trading idea, remember to click on the âFollowâ button to get more trading ideas like this, and if you agree with me, click on the âAgreeâ button ð.
See you soon,
Melissa.