Been swing trading this one back and forth using mainly RSI and price action as a signal. Went short near $29 and recently closed out that short. Looking to get long again near the bottom of this ascending wedge, as tech stocks in general have been selling off, I'm a buyer at lower levels as well, but will update this chart if we fall down out of this wedge. Will likely set up some buy orders around the lower level gap around $23.34.
This is a fun trade, and I'd like to accumulate enough for a long term hold.
This is a fun trade, and I'd like to accumulate enough for a long term hold.
Comment:
Golden Cross incoming, I will be adding around the 200 MA (in blue)
Comment:
Buy target hit (red horizontal on chart)