The swing trader in me is looking at the gap fill The long term investor looks at the potential in 2 years. The average analyst price is at 10.00, so I am watching this closely.
Not a good long hold in my opinion, but the volatility seems such, that it spends some time going down then had 4-5 days of upside movement. Looking at buying at or really close to support. setting a tight stop loss That would make it worth my while to hold and wait for a few days of upside - purely speculative.
There are a few ways to play this. I entered the trade today based on volume and the price movement, I am currently in the green. I wanna see if there is a big jump tomorrow which I will attempt to capitalize on. If it does not gap up, it would perhaps be better to watch it continue to move up at a reasonable pace. You may buy a confirmed breakout tommorow...
The risk reward outlines is not impressive, and if It moves quickly, Ill try to hold out. What is impressive is the holding itself. The average analyst rating is way above where it is trading, gota like it when you get something at a bargain. This is a good long term hold based on that info. I am a swing trader, and I set my stop loss at 13.50
Could be a good long or swing trade. I am seeing a nice level of support. My stop loss: 9.90 take profit: 11.90 Depending on how long it takes to move up, I may take profits sooner, or hold longer. Stop loss is always essential in swing trading, for me anyways. I dont expect it to fall below support, but I do see it potentially taking some time to move....
Do some research, I am holding, I am thinking about increasing my position. I see this at the 4$ in a year or less
Looking at entering an AC or CHR trade - Based on improved demand for flights - More people opening up to travelling - Restrictions being eased all around. Really the amount of ravelling happening is increasing now, and the real benefits will be in 2022. CHR would be a commons trade, where as AC would be in Call options. I am going to do a bit more looking...
MEAT is moving in a big way. Good company both for swings and long term holds. I had a position but I increased to it today. Looking to hold for a month or less. The 4$ range where we start to see resistance. Amazing start of the week though!
Reversing direction after a double bottom. details in the chart
One of my fav setups. Morning star - July 29 Followed by three white soldiers for confirmation I am in this trade atm at 1/3rd position size.
You could set up a stop loss/profit gainer from the chart. I am not taking this trade, because CLSK does not look food from a long term standpoint as it did before, and as such, I would not take swing trades like this unless I had more capital, I am tied up a bit atm.
This is a chart I made a while back, and without any changes, seems to be moving nicely. Today was specially nice for volume and price movment.
I am considering a swing trade. But there is good fundamentals behind this company for those who like long term.
Analyst ratings 20-22 Presently very bearish. Attractive with significant support over 10 years at the 9.8-ish mark