Everi Holdings Inc. looks pretty good after a down trend and now chances to go higher in accordance with earnings. Nevertheless in the light of technical analysis the chances for down trend are quite high.
So, as traders, we need to be ready to both scenarios and there are our usual two plans:
Plan A: we need to wait until todays markets close to make the final decision, if it's appropriate for long, we'll buy ASAP.
Plan B: in the case the price shows weakness before or after we open positions, we need to be ready tern positions to short.
For more ideas visit: mercuriusam.wordpress.com
So, as traders, we need to be ready to both scenarios and there are our usual two plans:
Plan A: we need to wait until todays markets close to make the final decision, if it's appropriate for long, we'll buy ASAP.
Plan B: in the case the price shows weakness before or after we open positions, we need to be ready tern positions to short.
For more ideas visit: mercuriusam.wordpress.com
Trade active:
So, trade is opened and all bets done