I've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
SHAK looks to be rebounding off of a 50% pullback from a massive rise. The stock is still very far from the 200MA and i believe it will stay that way as it climbs the support line i have drawn. The stocks pullback was healthy and it still has room to grow so if it bounces up off the support or rises above 63.60 that will be my buy in point. When i buy it i believe the support line will be my stop loss point.
SHAK looks to be rebounding off of a 50% pullback from a massive rise. The stock is still very far from the 200MA and i believe it will stay that way as it climbs the support line i have drawn. The stocks pullback was healthy and it still has room to grow so if it bounces up off the support or rises above 63.60 that will be my buy in point. When i buy it i believe the support line will be my stop loss point.