225 is a bit too far away my friend, common sense dictates that something terrible needs to happen for the price to get there , this is not a penny stock
Abu-Sushi
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@ARCHIDUKE, Appreciate the feed back
I Never really pay attention to fundamental side and indeed this is not a penny stock I trade price action
For example I went long from orange line to target black line because I saw nice rejection from orange line
If daily candle close below orange line that's my stop loss and risk I am willing to take
Bottom line we traders shouldn't have any bias we trade what we see in chart and know where to enter and exist that's the beauty of Technical analysis
good luck buddy
Declutter69
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@Abu-Sushi, you made the right call . Price at 249.5. I believe next SL is 246 ? Stronger SL is 230 which we shd double down?
Abu-Sushi
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@Declutter69, yes but daily candle close very important to judge the price action