I just started following this stock about a week ago; it bubbled up to the top of my new filter I was trying out. There are many opportunities to Buy and Sell a stock. This high-level chart shows that knowing the big picture (strategic view point) can help alleviate the stress of your daily trading cycle (tactical). Develop a stock investment plan, learn the patterns, learn the Fib levels, draw the lines, connect the dots, add some Fib circles if that adds to your canvas. Learn to have more fun with Trading. Enjoy.
Appears we are finishing up the right leg of our Cypher Pattern within the Head Pattern which are both within a larger Cypher that will eventually take us back up to $35. It's a long play and I'm not sure how long I will stick with this one but hope this helps someone on their journey. Out.
Just $2 more to the target but this is definitely a great price level to take some $$ off the table. Enjoy!
kerdirks
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As of the EOD 7/14/20, the target is still approx 24.50ish prior to the next reversal down to form the right shoulder. Remember, that this pattern may break at anytime so place stops appropriately.
Enjoy your trading day and stay focused! Remember the quote from City Slickers ... One Thing ... do One Thing well ... that's all this game requires. Don't even try to be a jack of all trades trader. It's not worth the extra time and effort ... remember also the 80/20 rule. Focus on the 20% to yield the 80% gains. Let's Roll!