Update: Stopped out, Its in a down trend more so than a bull flag.
The current setup gives an excellent opportunity for good risk/reward. The trade has a high probability because of the psychological impact of all time high. Currently the stock also has the underlying fundamentals to achieve this.
The current setup gives an excellent opportunity for good risk/reward. The trade has a high probability because of the psychological impact of all time high. Currently the stock also has the underlying fundamentals to achieve this.
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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.