MTEM - Chart LinkCCI spiked to -300 a few days
back and has been diverging, interesting doji candlestick today so
far
MTEM - Chart Link60 min you can see the MACD
div forming, or even be long some now with a stop right at that
doji low
these are aggressive oversold rubber band/bounce setups, stops
are well defined and you are simply looking for that reversion to
mean rubber band snap back to the mean
here's one of my educational articles on those CCI divergent
plays
MTEM CCI play
Posted by matt on 8th of Apr 2021 at 11:20 am
MTEM - Chart LinkCCI spiked to -300 a few days back and has been diverging, interesting doji candlestick today so far
MTEM - Chart Link60 min you can see the MACD div forming, or even be long some now with a stop right at that doji low
these are aggressive oversold rubber band/bounce setups, stops are well defined and you are simply looking for that reversion to mean rubber band snap back to the mean
here's one of my educational articles on those CCI divergent plays
https://breakpointtrades.com/education/legacy/?nl_id=3283