I decided to play around on hood in the 15 min time frame last week and make a move on a potential buy zone at 33.39 based off the first wick upon opening of this ipo. I bought 7 shares to screw around with. I discussed a descending triangle that if we broke 36.18 could bring us back to 40$ range. I added 7 more shares in that area and put stoploss below 38$ once we took off. Didn’t get stopped out and have been tracking since. I have more then doubled my investment so I plan to put a stoploss below 65$ for half of my total shares to sell half on a double
65$ is a potential breakout of a bull pennant. If we hold 65.50 area as support could be a backtest to a bullish breakout. If we lose it I have support down at 55.50 just an idea. It’s hard to Tract all moves above previous priceaction so I do want to lock in Gainz. Keep eyes on 65.50 if you haven’t entered. And if we lost that I’d watch 55.50
65$ is a potential breakout of a bull pennant. If we hold 65.50 area as support could be a backtest to a bullish breakout. If we lose it I have support down at 55.50 just an idea. It’s hard to Tract all moves above previous priceaction so I do want to lock in Gainz. Keep eyes on 65.50 if you haven’t entered. And if we lost that I’d watch 55.50