Just like many of the other small-cap stocks currently, there's what appears to be a bat harmonic. This could morph into an alternate bat harmonic or blow passed these areas, revealing a three-drive pattern that seems to be emerging with many of these stock types. Either way, it's a good CD leg trade. See chart for entry zone and exit zones.
Note
Once, you are +0.38 from your stop-loss, turn your stop into a trailing order of $0.38. This value is equal to the hourly ATR high, during the last price spike.
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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.
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.