Entry: when price clears 47.05
Volume: with daily volume greater than 233k
Target: 56 area
Stop: Depending on your risk tolerance; 44.07 gets you 3/1 Risk/Reward.
Risk: Low Volume Stock easily manipulated
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: with daily volume greater than 233k
Target: 56 area
Stop: Depending on your risk tolerance; 44.07 gets you 3/1 Risk/Reward.
Risk: Low Volume Stock easily manipulated
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Comment:
Small pullback on lower volume, even after my entry, is OK with me - setting up for the next leg up.
Comment:
I stopped out.