Duolingo, Inc.Long
DUOL current status
Sector is trending up
1. the stock is making higher highs/lows
2. 200 MA is moving up
3. area of value is support around 200 MA
4. lower timeframe opposing trend is broken
5. now we wait for a nice pullback on a lower timeframe
6. then we'll wait for a price rejection stronger than ATR about 1.5 times
7. we'll check there is no opposing 10 or 20 MA ahead
8. then we enter risking 0.5% of your capital to the stop
9. set stop below the lows on the main timeframe
1. the stock is making higher highs/lows
2. 200 MA is moving up
3. area of value is support around 200 MA
4. lower timeframe opposing trend is broken
5. now we wait for a nice pullback on a lower timeframe
6. then we'll wait for a price rejection stronger than ATR about 1.5 times
7. we'll check there is no opposing 10 or 20 MA ahead
8. then we enter risking 0.5% of your capital to the stop
9. set stop below the lows on the main timeframe
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