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Erictaylor
Jun 27, 2023 2:03 PM

Cars  Long

Cars.com Inc.NYSE

Description

This chart isn’t looking to bad. I think we have room to 23$ at least 18$ key reistance but it just bounced off uptrending support again. Puttin in an ascedning triangle. Or symetrical trinagle. Big uptrend move into it. Larger pattern is a large rising channel but the top of channel is up at 23.50. I’d buy here with stoploss just below 17 targeting 23$ so you got a 2$ risk with a 4.50 reward per share. Can try a lower risk but we have to at least stop it below 17.80
Comments
Erictaylor
So far so good ! Almost at first target
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