Pretty simple setup.
Multiyear trendline got broken yesterday, market gapped higher and stayed above the line.
Market also broke a textbook triangle pattern.
I already entered one position @ 9.93 with a stop @ 9.22 and targeting a big move higher.
and i might also take a second position if market retests the top of the triangle.
Earnings are a risk factor, but they also could be the ignition for the take off higher.
Fundamentals are also starting to turn on this stock, so lets see, maybe we can have a good rally towards 15$
Risk:Reward is also pretty nice.
Best of luck and trade wisely
Multiyear trendline got broken yesterday, market gapped higher and stayed above the line.
Market also broke a textbook triangle pattern.
I already entered one position @ 9.93 with a stop @ 9.22 and targeting a big move higher.
and i might also take a second position if market retests the top of the triangle.
Earnings are a risk factor, but they also could be the ignition for the take off higher.
Fundamentals are also starting to turn on this stock, so lets see, maybe we can have a good rally towards 15$
Risk:Reward is also pretty nice.
Best of luck and trade wisely
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.