Yep, I've got that one on the watchlist! I was going to pick some up but I'm finding the daily to be a bit messy for me right now and it is perhaps just finding its feet after a weekly wave 2
Hourly has had many smaller trades, but 100% spikes like other stocks; risk/reward is a lot less than others around at the moment
Daily, as mentioned, is a bit messy for my liking. Preferably, and what seems to hold the most strength, is a big green/couple of green bars up through the 65ema and then a retest of it for support, it's very choppy in the meantime but I'll be looking for a retrace to the 65 and trend break for a buy-in.
The weekly is where the real trade here is, looking at targets of 300%+ if it gets going and interestingly it seems the new strategy can also be extended to the weekly time frame, which I hadn't even thought of looking at, to be honest. It's retraced to the 65-week ema nicely and I would say it will be a good buy on the backtest of the 9-week ema, which will coincide with the 65-day ema, so a good entry will be possible here. Looks like a clean wave 1 and wave 2, starting a wave 3 hopefully!
I agree with you on timeframes, Id much rather stick to the daily timeframe, and I usually only go as far as hourly as anything smaller is a bit hard for me to watch close enough. Would love to get into 15 min trades, and will when i get the chance.
The 9 ema of a larger timeframe is also good to keep track of when trading the 65 ema on smaller timeframes, and even vice versa
