This stock is moving well and looking strong to breakout, would use low risk set up 8% risk for a 20% potential gain on a strong breakout, If options use 20% risk for 40% gain plus.
Comments
A-shot
⋅
As the channel is confirmed, why not at the bottom of the channel? it seems at the top of it now
Vince
⋅
Bottom of the channel on a weekly is NOT as probable as a breakout on a good long pattern 7 weeks plus on weekly, you can trade from bottom and have less dollar risk but more real risk and less probability when it works it is great when not a lot of losers