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elprimo8
Jul 15, 2019 3:48 PM

Trade #0001 -- DOMO Long from Higher Time Frame Long

Domo, Inc.NASDAQ

Description

Entry: 29.30
Protective Stop: 25.86
Safety Target: 36.16
Final Target: 47.61

Downtrend in Weekly - Break up in the Daily Chart with opportunity to join a brand new Uptrend
Weekly Trendline needs to be broken and will support the change to the upside
Anticipatory trend change from basing (yellow rectangle)

Unusual Option activity buying calls last week support the trend change too
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