- huge surprise
- double bottom at 11.89.
- index still in uptrend
- fitbit gear trend still increasing. no great competitors.
Problems getting over 15.95 which has created resistance, even with a the surprise better than expected earning.
tight ranges mean it might be a long hold. Might not be a great trade is you want to just be in and out in 3d -> week.
Possible trade plan might look like:
buy below 14.40 , above 13.79
take half off entering or touch ,
start looking to sell 18.4 w/ possible target at 19.42
stop at 13.