What I see... + Price held strong throughout Feb. and Mar. when the market tanked + Price rebound strongly with very high vol. + BO signal through the past 3 weeks + It is up ~ +30% for the year!! + Strategy: get into an early position before the June 5 earnings
Setup... This is going to be a longer term trade Entry above the high of the past 2 weeks Stop set just under -2w low Traget is 61.8 Fib or beyond; will probably set a trailing stop just to be safe
Trade active
+ Rather luck to get into the trade today as its price gap-up to open above my entry level + The day-low managed to fall within my range and my order filled
:: Maintaining current exit level as volatility is anticipated
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.