*I DO NOT ACTIVELY TAKE RETAIL TRADES, USE YOUR OWN JUDGEMENT*
BULL
huge earnings surprise
double bottom at 11.89.
index still in uptrend
fitbit gear trend still increasing. no great competitors.
Bear Problems getting over 15.95 which has created resistance, even with a the surprise better than expected earning.
Other: 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 resistance level, start looking to sell 18.4 w/ possible target at 19.42 stop at 13.
Comment
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fit now entering the sell block. taking some off tommorow at open