Going long GDOT on Monday
GDOT is printing a bullish hammer candlestick price bar right off of its uptrending 50 DMA on heavier above average volume with my momentum/trending oscillators conirming the price move. I am going long GDOT on Monday using a limit (GTC-BUY-LMT) order @ 60.83. I will have two trailing sell stops (GTC-SELL-STP) @ 58.99 and 58.26 to protect my initial capital in case GDOT does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from November '16 - November '17.
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