What I see...
+ Price held strong throughout Feb. and Mar. when the market tanked
+ Price rebound strongly with very high vol.
+ BO signal through the past 3 weeks
+ It is up ~ +30% for the year!!
+ Strategy: get into an early position before the June 5 earnings
Setup...
This is going to be a longer term trade
Entry above the high of the past 2 weeks
Stop set just under -2w low
Traget is 61.8 Fib or beyond; will probably set a trailing stop just to be safe
+ Price held strong throughout Feb. and Mar. when the market tanked
+ Price rebound strongly with very high vol.
+ BO signal through the past 3 weeks
+ It is up ~ +30% for the year!!
+ Strategy: get into an early position before the June 5 earnings
Setup...
This is going to be a longer term trade
Entry above the high of the past 2 weeks
Stop set just under -2w low
Traget is 61.8 Fib or beyond; will probably set a trailing stop just to be safe
Trade active:
+ Rather luck to get into the trade today as its price gap-up to open above my entry level
+ The day-low managed to fall within my range and my order filled
:: Maintaining current exit level as volatility is anticipated
+ The day-low managed to fall within my range and my order filled
:: Maintaining current exit level as volatility is anticipated
Trade active:
Moved Stop to breakeven