DUOL- AI Translation Services for global apps LONG
DUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in
relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag
pattern typically forecasts a leg of a bullish continuation higher after some consolidation.
Options for March 15 went 2.5X overnight. Half the position off the table taking profits.
the other half awaiting the continuation. The risk here is those taking profit or short selling
outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for
further profit and will assume the risk.
profit
relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag
pattern typically forecasts a leg of a bullish continuation higher after some consolidation.
Options for March 15 went 2.5X overnight. Half the position off the table taking profits.
the other half awaiting the continuation. The risk here is those taking profit or short selling
outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for
further profit and will assume the risk.
profit
İşlem aktif:
Price fell 1.5 % in the area of ATR holding full position.