RENN - Long - Swing
Updated
+ Broke out w/ extremely high vol.
+ Prices were on sideway, narrow range bound movement for weeks prior to break-out
+ Significant dip in vol. the day prior to break-out
- Multiple failed break-out in the past few months, even with high volume support
- Low $2 price is just about the lowest I would go for my personal strategies
: First target at 2.57 level
: Second target at 2.88
+ Prices were on sideway, narrow range bound movement for weeks prior to break-out
+ Significant dip in vol. the day prior to break-out
- Multiple failed break-out in the past few months, even with high volume support
- Low $2 price is just about the lowest I would go for my personal strategies
: First target at 2.57 level
: Second target at 2.88
Trade active
Entered LongComment
Moved Stop to break-evenTrade closed: stop reached
Stop out today at break even
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