This is a technical analysis setup:
1) The moving average crossed over signaling buy after a bottoming at at around $15.50
2) I am targeting the first missed pivot $23.30
Based on the close today this would be a 34% return with limited downside.
Regards,
1) The moving average crossed over signaling buy after a bottoming at at around $15.50
2) I am targeting the first missed pivot $23.30
Based on the close today this would be a 34% return with limited downside.
Regards,
Trade closed manually:
Closed trade at a small loss as moving average crossed down signaling a sell