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Lanmar

FVRR breaking out

Long
Fiverr International Ltd. (NYSE:FVRR)  
Lanmar Updated   
NYSE:FVRR   Fiverr International Ltd.
Chart Patterns
9
2
chartpattern
Targeting 236.

I am long Jan 15 210c
Comment:
Breaking out on a weak market day. We call that relative strength:
snapshot
Comment:
A simple way to establish targets on momentum stocks is to apply a moving average that works for you. I like the 21dma for momentum. Now that FVRR broke out definitively on the daily time frame, we could ride the stock until structure is broken, or we hit our first target of 270+:
snapshot
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