Earnings winner. Dividend payer. Probability that this will go higher is positive based on previous chart data. Stock is trading in the lower 1/4 of entire hx of price action going back to year 2016. Also double bottom formation of late. Gap up is bullish. Exponential moving average crossovers = bullish.
R/R = 1.7. Loose stop = 29.64 Target = $38 Entry price = $33.02 0.2% capital 1st and 2nd resistance = 100 DMA and 200 DMA Risking dead money if it consolidates here forcing an exit for my timeframe (1-2 week max hold).
Trade active.
Comment
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Moving stop to $33.44. Free trade- Will trail now with 10 ema to stay green since it's working.
Trade closed: target reached
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If it breaks the 3 ema I will be out today. Doji = indecision.