Looks like it has room until next resistance area . And with that kind of momentum and volume, the next resistance might not be much for it. Tight stop is necessary for this to have the right risk to reward. That said, looks good.
Trade closed: target reached:
Took profits at resistance, then stopped out the rest on retrace. Out. Could be decent to keep a small amount for another attempt, but I would have rather it broke on the first.
Comment:
well look who decided to throw a party. Another chance to buy this one again later when it retraces to that previous resistance level, flipped now to support
Comment:
support will be higher now. will need to remake new levels. nice run.