Bought this yesterday with the following reasons:
1. Stoch RSI at oversold level
2. Fibo and extended fibo retracement levels are followed
3. Realistic target prices
4. Tolerable cutloss level
Bought at 2, targetting 2.36 in two trading days! If it breaks 2.36 next week, I guess this stock will ride a rocket. Newbie trader here :)
1. Stoch RSI at oversold level
2. Fibo and extended fibo retracement levels are followed
3. Realistic target prices
4. Tolerable cutloss level
Bought at 2, targetting 2.36 in two trading days! If it breaks 2.36 next week, I guess this stock will ride a rocket. Newbie trader here :)
Comment:
APOLOGIES. THIS IS WRONG. THIS SHOULD BE IN LONG POSITION. I MISINTERPRETED LONG AND SHORT.
Trade closed: stop reached:
Reached cutloss price. Learning for this trade, check the market in general before entering a trade (NASDAQ, SnP 500, Dow Jones)