Get started

Playing Field Established

By sickdaytrader
Updated
Thanks to support trend line on the bottom and peak trend line at the top, the range of play for the next while is clearly established. Putting buy and sell orders out at the top and bottom of this range will let you scalp until it breaks out one way or the other. With earnings being only slightly off target yesterday, there will likely be no dramatic swings for the foreseeable future.
Trade closed: target reached
Buy order put out at 0.41 filled, order out at 0.47 now also filled - per idea above. 0.06 at volume.
Trend Analysis

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.