Possible breakout / uptrend
Updated
MACD cross above 0 = new uptrend starting.
Breakout on high volume.
I'll take a position here. In @ 22.50, standard 10% stop losses in place.
Breakout on high volume.
I'll take a position here. In @ 22.50, standard 10% stop losses in place.
Note
Got some continuation after the breakout. I sold half my position today, let the other half ride. Stop loss moved to break-even, $22.50. I would like to see this stock hit $25. Gains = ~6%.
Trade closed manually
Closed rest of position today @ $24.00.Good luck out there.
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.