Technology stocks for 2018 #11 (LOGI)
Sector: Technology
Industry: Computer peripheral equipment
Above of 2008 highs
Now look 2018 price (red arrow) the breakout, the pullback and a consolidation price in progress above 40
This is a continuation pattern in a trend following mode, price is making new highs, breaking resistance lines
I see it like that weekly candlesticks, 10 years view
this ideas take weeks for mature and if volatility appears combined with a bad timing entry,
the trader can stay in red for some weeks and here when position sizing is important and other aspect like stops loss.
I share the ideas always from the weekly chart
The trader that like the idea and follow it, from your daily chart, with your own set up, handle your strategy, system and your finance.
2008 to 2018
Industry: Computer peripheral equipment
Above of 2008 highs
Now look 2018 price (red arrow) the breakout, the pullback and a consolidation price in progress above 40
This is a continuation pattern in a trend following mode, price is making new highs, breaking resistance lines
I see it like that weekly candlesticks, 10 years view
this ideas take weeks for mature and if volatility appears combined with a bad timing entry,
the trader can stay in red for some weeks and here when position sizing is important and other aspect like stops loss.
I share the ideas always from the weekly chart
The trader that like the idea and follow it, from your daily chart, with your own set up, handle your strategy, system and your finance.
2008 to 2018