xtrading_ideas

Bullish setup with limited risk and high potential!

Long
NYSE:CARS   Cars.com Inc.
CARS is showing a lot of strength. If it tests the resistance, pulls back and goes back up, just like drawn on the chart, then buy as a swing trade above 25.50, with a stop at 24.90; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then I wouldn't chase it.

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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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