globalfinancialengineering

We are bullish on GSX

Long
NYSE:GSX   GSX TECHEDU INC
We are bullish on GSX
Comment: My first entry was at $9.46 with Stop Loss at $5.52 and a Target of $55.20 . My Stop Loss is now at $20.26 . However the price action is in Parabolic Motion and we expect a pullback anytime. In light of this I will get out immediately if price closed below $26.68
Comment: Adjusted Stop Loss = $29.87

Comments

Good job
Reply
@Saeed966, Thank you. Please note that we enter this trade from $9.46. Hence I have not entered an entry price in the analysis .

If you entered this trade please ensure that you put in a proper Stop Loss. I am recommending Three(3) times the Daily Average True Range of say 5 to 25 period.
In this case I am recommending a Stop Loss of $26.49
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Thanks
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