tradepatiently

DUOL Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NASDAQ:DUOL   Duolingo, Inc.
When price clears: 146.40
With daily volume greater than average.
Target: 176.00 area
Depending on your risk tolerance: 136.53 gets you 3/1 Risk/Reward.

This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Comment:
Dipping a bit, but on low volume so I'm not too concerned.
Comment:
Nice reversal today, but still no volume. More volume would help.
Comment:
Pullback on lighter volume, looking good.
Comment:
Sold 25% of my position today.
Comment:
Selling some of my position into strength allows me to better manage the rest of my position - meaning I can endure this pullback with less worry.
Trade closed: stop reached:
Stopped out, small loss.

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