LDC870

GDOT Bullish bounce, retest ATH

Long
NYSE:GDOT   Green Dot Corporation
Recent ATH at 93.00, oversold on pullback due to broader market fear. Very bullish the last few days of trading and looks poised to re-test 93.00. Proposed setup: Entry between 82.00-84.00, with tight trailing stop loss under 50-day TEMA (approximately 80.00) to protect against another market-wide sell-off; exit above 92.00, depending on your risk tolerance; the chart reflects anticipated resistance points based on short- and long-term upper trend lines . Minimum reward:risk is approximately 4:1.