Entry @ 4.38
Stop loss @ 4.22
Profit target @ 4.73
Stock closed a 15 min valley which fueled a move up after a long distribution. A Stock gained an important daily level. Expecting the move to continue until the weekly level at 4.74. Looking to get back in after retracement. Next target is at 5.20.
Stop loss @ 4.22
Profit target @ 4.73
Stock closed a 15 min valley which fueled a move up after a long distribution. A Stock gained an important daily level. Expecting the move to continue until the weekly level at 4.74. Looking to get back in after retracement. Next target is at 5.20.
Comment:
Also closed an important daily level, adding confirmation that the move is going to continue up.
Comment:
Also the volume is increasing, yet another evidence of a continued move up.
Comment:
Trade closed at profit target at 4.73. Win of 8.04%.
Stop loss @ 4.22
Profit target @ 4.73
Stock closed a 15 min valley which fueled a move up after a long distribution. Expecting the move to continue until the weekly level at 4.74. Looking to get back in after retracement. Next target is at 5.20.