Buying near support of this small triangle after a very strong rally in July and August. Provides a decent reward:risk with a target just below the late-2016 and early 2017 highs.
This has the potential to be a high momentum stock. Price target is a fine option, but if the price is running may want to consider using the ATR Stops as a trailing stop loss instead: when the price drops below the line, place a stop loss several cents below the low of that day.
As an added benefit, the company is strong earnings right now making for an attractive P/E.
This has the potential to be a high momentum stock. Price target is a fine option, but if the price is running may want to consider using the ATR Stops as a trailing stop loss instead: when the price drops below the line, place a stop loss several cents below the low of that day.
As an added benefit, the company is strong earnings right now making for an attractive P/E.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.