Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 5.12 ✨ It means if you risk here 100$ you may make 512$ Not bad, huh?
A lot of signals make this one looks toasty. The 50 ema on a monthly, non adj for divies is the one resistance to keep an eye out for.
After formming a pennat pattern above its moving averages, today made the breakout with good volume. The detail is that it didn't close at the high but still, I think its a confirmed breakout. Because the stock its very volatile, I got in with half my position. I'll wait until the price breaks above the $7.26 resistance to buy the rest. At first my price target...
CHS seems forming a H&S formation in weekly frame and in the daily frame it is breaking down all the MA lines & strong support labels. We think it will decile from here down to $9.50 area. * Trade Criteria * Date first found- April 4, 2017 Pattern/Why- H&S formation Entry Target Criteria- break of $12.96 or bounce to $13.34 Exit Target Criteria- Target 1-...
If CHS gaps below 16.59 consider using the Retest Gap strategy but watch out for 200sma on daily. If it gaps above 17.39 consider using the Gap N Go strategy. To get a free and complete trading education go to www.RealLifeTrading.com