Federman19

FCAU Idea

Long
NYSE:FCAU   None
Bullish Gap and Go. Though it ended the day with a bearish candle, if we break today's high, we should continue up to the next resistance level. It just broke an evening star reversal with a bullish gap. candle bounced nicely off of the resistance/support level today. Enter with a stop limit order of 9.66 with a stop at 9.40
Gap is similar to gap that I pointed out with the horrible arrow. Bullish gap and go there as well after a rest as it battled the resistance level. If we break bearish from here rather than continue up, look for a bounce off the 10 EMA
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