omer12345678

DLB move up and channel break

Long
omer12345678 Pro Updated   
NYSE:DLB   Dolby Laboratories
NYSE:DLB


Since the COVID-19, the DLB created nice and steady channel witch helped the stock keep a good uptrend.

Few days ago, the channel broke up, and now the stock start using the resistance line as support line.
If that happend - I will buy the stock for a long ride, and place my 'take profit' order after 15% profit - around 105 dollar per stock.

Of course, buy this stock is by your own risk.

keep you all trading :)
Comment:
A gap just opened!
next day I will move my STOP over there, and thats make this trade at minimum of 5% profit. nice!
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