GOTU reverse H&S. Accumulate!!
Swing trade:
Forming H&S within potential double bottom. Swing trade target 36. Enter after breakout at 26 and set stop loss below right shoulder.
Investment:
This is a good potential entry from an investment standpoint with a potential double bottom forming in the daily timeframe. The crash from Archegos fallout of was a technical crash and has not altered this company’s value fundamentally. Excellent opportunity to accumulate.
Forming H&S within potential double bottom. Swing trade target 36. Enter after breakout at 26 and set stop loss below right shoulder.
Investment:
This is a good potential entry from an investment standpoint with a potential double bottom forming in the daily timeframe. The crash from Archegos fallout of was a technical crash and has not altered this company’s value fundamentally. Excellent opportunity to accumulate.
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