highly speculative with earnings in a few days. a high ADR stock with a history of explosive moves. we are big fans of the tightening price action as earnings approach.
it's worth noting that our stop losses are partially symbolic. we typically close trades when price prints a strong bearish candle below chart patterns or indicative stop loss levels.
it's worth noting that our stop losses are partially symbolic. we typically close trades when price prints a strong bearish candle below chart patterns or indicative stop loss levels.
Order cancelled
one will be tempted to say that we have dodged a bullet. however, we are a seeing a potential double bottom. upcoming earnings report is the much-needed catalyst - a coin toss from a layman's perspective. equal probability that we gap up, which will render limit orders useless, or gap down.
monitoring.
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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.