A minimum expected target is 60% ROI ($6 per share). A multi-bagger is definitely in the cards as it historically returned several x from its previous bottoms in 2000 and 2008/2009.
Comment:
Bullish structure still intact ... earnings release in two days. Technical structure continues to suggest major upside is more likely.
Comment:
Major rally since yesterday
Comment:
Massive failed breakout. I got lucky to get out at a small lose just under my average cost of 3.25. Situations like these should constantly remind us why risk management is so crucial to success as a trader.
Trade closed: stop reached:
loss*
Trade active:
Re-entered at 3.85 and added at 4.15. The key with this trade from here is it coming to fruition quickly.
