JD
broke out of the cup and handle pattern with a bullish gap up, and is now targeting 88.9$, any pullback towards the neckline at around 85$ is a buying opportunity. Place stops at 77.5$. Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Comment:
This trade is not stopped yet, the stock is finding major support around 79$ exactly at the red line shown on the chart, target is still active at 98.9$ (Not 88.9$ as per the original post, typo error). A nice triangle formation is formed, break of 85$ will set the stock to a bullish move.
Trade closed: target reached