HEAR is right at its resistance, but seems it might break through. For an entry make sure to wait for confirmation of a break or a spike in volume to the upside. No break, no trade.
what's your stop loss? I think were heading higher based on fundamentals and growth from battle royale into the holidays but I could see 17 before we start another big move
Gerardovb98
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@astryer, i stopped out when the 19.50 support was broken. My mistake was not waiting for the confirmation, but based on fundamentals it should eventually go higher.
Sultan_of_Chart
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@Gerardovb98, smart move. I bought big at 17.50 with a stop loss at 16.40ish. I bought more at 21.30 with a covered call for Nov at 25. Now with the breakout I moved my SL for half my shares to low 20s. Planning to sell 1/4 in the high 23s, more at 25 and reevaluate from there. What are your thoughts?