This stock has not been doing well, there are some serious issues with one of their products and people have been hurt or killed. The stock dropped dramatically and has since dropped lower. I would not be looking for longs on this one. and I see at market open (while I'm writing this, another drop!) The big kicker for me is the gap that happened March 11, has held a resistance. a cautionary tale indeed.
1% risk 2:1 RR - Happy Trading!
1% risk 2:1 RR - Happy Trading!
Trade closed: target reached
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.