My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive Price at or near 2.618 Fibonacci level In at $477 Target is $352 or channel bottom
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