1. Downward trendline since IPO broken 2. Volumes increase post trendline break 3. Double bottom made near 310 4. IT sector started move in anticipation of good quarterly results.
Target1 of 365 achieved and stock corrected from that resistance. But before that, stock made low of 311 so those with SL of 320 might have stopped out.
Trade closed: target reached
⋅
Target1 was achieved. Stock building momentum again. HOLD. Book partially near 360