EXM trade ideas
Continuous Growth in the ForecastGuppy moving averages forecast growth in the future. Monday will be a great entry point as it will open lower than it closed on Friday ($8.35 or so) Perfect entry point.
Extreme Networks Announces $60 Million Share Repurchase ProgramEXTR: Extreme Networks, Inc.
2018-11-02 07:30:00
Extreme Networks Announces $60 Million Share Repurchase Program
EXTR Extreme Networks Bullish WedgeExtreme networks looks like they may be surging higher as it made a bullish move nearing top part of wedge. Target R3 at 14.50
EXTR is a buy, 8ma squeeze set upPenny stock play, beware but still have fun. Short everything I buy
EXTR uptrend continuation LONGhit 2004 highs, look for retrace. entry 9.75, stop loss 9.30, take profit 11.45
EXTR Breakout positionEXTR looks set for a breakout with resistance flipping to support . Previous identical highs have signaled reversals with an overbought and a MACD crossover.
However, the current indicators show that it is neither overbought and the MACD has a bullish crossover.
That being said, confirmation should be waited upon before buying into the breakthrough
Next Wave Up in EXTRStrong uptrend, pullback stalled
out and nice moving higher.
Initial stop loss placed.
Prefer to use the ATR Stops for a
profitable exit on a high flyer like this.
Target can also be used.
Prefer to get out before earnings...
so time is limited.
