Breakout buy Reverse head and shoulder ER on Thursday, GLTA
- Breakout of long term down trend - ABC confirmation and breakout the last high - Could be rejected by last support and pull back to 150-155 - If it is supported by 200 day MA and up trend again, we may see price target of $200 My trade plan: 1) Wait for the pull back if any 2) Watch closely at 200MA, if any bullish signal 3) Get in between $150-155 if...
- Weekly chart breakout of reverse head and shoulder - Have broken out of down trend and confirmed with HH - Price is over 200MA and 50MA, bullish market - This one may be coming out of the bottom from here!!
- Reach the initial target in a matter of days - Earning is big catalyst, should not add more before it - If Earning is not as expected, pull back to 0.9 - May be back in again after breakout 1.26
- Effective breakout on Friday last week - Double the daily average volume - Followed Fabinacci theory perfectly - Maybe on 70 degree trend line to reach next Fib target of 1.10 to 1.20 - Trade save and set your stop loss
ATH and may take a short break for now. If breakout effective from ATH, I will be in more!!!
- Huge volume and price change to breakout last resistance - Stopped at 37 which is second resistance, coincidentally was the last stock offer price by the company ($37) - If breakout 37 again with momentum and strength, maybe a setup to run to 46 - Or consolidate between 30-37 until next catalyst - My suggestion is to wait for effective breakout to get in - Setup...
Stop loss $3.3 Buy at $4.4 if close above it If I can only lose $200 here, my share count should be $200/(4.4-3.3)=182 shares there may be chance to add more shares along the way Make sure your move your stop loss up if it will go up along the way. Remember: Your goal is not to calculate how much money you can make, but how much you can afford to lose. There...
Short term price target $86 Mid term price target $100 Long term price target $125 Stop Loss at $84
In 300 shares at $14.25 Out 150 at $13.62 Go back in 200 at 50-60% retracement, price $14-14.5 Buy 150 at $16.17 breakout By the end of March, total holding of 500 shares, and price target is $17-18
Watch your entry point, should be in this at $44-45 and target $48-49. Short term strategy of Risk ratio 2.5, and 2 week long action.
On my watch list to hit 50% profit by year end!!
Really bullish stock with great momentum Pull back to 50% level of $8.1 and should go again to $13.2-13.5 Game plan here is to get in at 38%-50% with reversal candle pattern for first LOT. Get in again at 10.5 breakout for second LOT Good luck to all!
Jan 22 - if bounce off $40.35 and uptrend, buy 100 shares and SL $38.36 Jan 29 - if breaks $43.73 previous high and uptrend, buy 80 shares and SL $40.35 Feb 7 - if tests record high $49.2, sell 100 to take profit Feb 26 - leave 80 shares to play earning, and stop loss at $43.73 Assume no gap up/down and buy and sell price is valid: 1) If SL at 40.35, Loss $289 2)...
Up trend since last Nov Rejected by 200MA twice and will likely break it the third time in Feb. 1) Dip buy at $8-8.20 SL at $7.7 2) Second buy happens at 200MA breakout, it would be around $8.9, SL at $8.39 Sell target $10, total investment $4000, Risk/Reward 7.5, Total potential profit $750
Setup nicely to retrace and fly. Break through daily 200MA effortlessly, and shooting up high ever since. It is taking a short break to 5-5.3 and will race to 6-6.3 short term. Great turn around situation, and may be a long term play also.
Going to break ATH $16.25 and take a break at $16.2-16.4 range
Hourly chart retraced to 50% level and rally to last high of $17.79. Failed to break it last a couple of days. But if it does breakout from it, we are looking at $16.4 price target, which happens to be historical high. I am long on this one, in for stable up trend plus dividend.