daytrading april 19 morning, page-61

  1. 8,883 Posts.
    lightbulb Created with Sketch. 7
    Golfzoner my old mate! KAR looks to be in a very important space right now imo. Could reverse here as it's sitting on the oblique ascending t/l atm on the weekly & on the 23.6% fib. The daily stochastic is way oversold but the weekly still overbought. It will either see 4.70 from here or shoot back up to the descending line on the chart below. If it gets through that then 8.50 is the target imo

    weekly chart with daily stochastic

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.