Risky idea but nice profit BUY IRBT @ 49 -52
Updated
Caution! High volatility stock (5-7% volatility daily).
Buy IRBT at the levels of $49-$52 (Avg price of $50,5).
Take @ $60 ((+18,8%)
Stop @ $46,6 (-7,7%)
The price is at it's 52w lows. Very cheap to buy
If the price slumps below 47, it is better to fix a loss due to high volatility of the stock.
Buy IRBT at the levels of $49-$52 (Avg price of $50,5).
Take @ $60 ((+18,8%)
Stop @ $46,6 (-7,7%)
The price is at it's 52w lows. Very cheap to buy
If the price slumps below 47, it is better to fix a loss due to high volatility of the stock.
Trade closed: stop reached
Fortunatelly the stop was reached. Due to coronavirus impact this trade is should be closed, and not reopened, because at that days it is better to focus on safe heaven assets and blue-chips companies.
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.