Going Long on GODS. Two Targets.
My followers have been tracking GODS the last several weeks and some of them have made out like a bandit with these recent pumps. Just a few weeks ago it was at 14 cents. My entry today was 38 cents which is approx. 170% above where we started on this one. And I love the volatility on this chart! Though I wasn't expecting such a tremendous break to the upside of that ascending channel, the market bulls have proven they have a ton of energy left for more. We can see another bull flag being formed right now.
I will probably trade this one like so:
- Take half at around 48 cents and move my stops up to break even.
- Let the remainder ride trailing my stops along the way.
- Final target will be 62 cents.
- Current SL is 31.6 cents to be adjusted as we go.
- Risk Reward Ratio is currently 4/1
Not fin advice.
Best,
Stewdamus
I will probably trade this one like so:
- Take half at around 48 cents and move my stops up to break even.
- Let the remainder ride trailing my stops along the way.
- Final target will be 62 cents.
- Current SL is 31.6 cents to be adjusted as we go.
- Risk Reward Ratio is currently 4/1
Not fin advice.
Best,
Stewdamus
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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