Bought this yesterday with the following reasons:
1. Stoch RSI at oversold level
2. Fibo and extended fibo retracement levels are followed
3. Realistic target prices
4. Tolerable cutloss level
Bought at 2, targetting 2.36 in two trading days! If it breaks 2.36 next week, I guess this stock will ride a rocket. Newbie trader here :)
1. Stoch RSI at oversold level
2. Fibo and extended fibo retracement levels are followed
3. Realistic target prices
4. Tolerable cutloss level
Bought at 2, targetting 2.36 in two trading days! If it breaks 2.36 next week, I guess this stock will ride a rocket. Newbie trader here :)
Note
APOLOGIES. THIS IS WRONG. THIS SHOULD BE IN LONG POSITION. I MISINTERPRETED LONG AND SHORT.Trade closed: stop reached
Reached cutloss price. Learning for this trade, check the market in general before entering a trade (NASDAQ, SnP 500, Dow Jones)
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Disclaimer
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.