When price clears: 24.00
With daily volume greater than 37.3M
Target: 35.00
Stop: Depending on your risk tolerance; 20.33 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
With daily volume greater than 37.3M
Target: 35.00
Stop: Depending on your risk tolerance; 20.33 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comment:
Looking at this trade from a daily volume, I'd like to see at least 6.5M - we broke 24.00 but with less than average volume which could/often means it will pause or even retrace instead of go higher.
Comment:
I have not entered a trade.
Comment:
Went all the way up to 4.15 but not nearly enough volume, it's reversed and heading back down. Not a good long trade right now.
Order cancelled:
Not enough volume, probably headed back to the bottom of the channel. Maybe a good short, but not a good long at this time.