Off_the_Temple
Long

MOMO - TECH. PRICE ACTION ANALYSIS - POSS. BUY ZONE IDENTIFIED

NASDAQ:MOMO   MOMO INC
Spent some time tonight looking at this one. She looks like a beauty with PLENTY of potential upside, (Should it hold current daily levels around 17.
1) I have marked what i feel are import price levels
2) catching the shift in momentum back upward here can net many potential gains
3) stop loss on this trade is pretty tight, so the risk to reward ratio is heavily on the positive side. (if stop loss is placed correctly)

Good luck and happy trading!

Comments

15.85 is median on stop loss gowth/ value in same stock drop with the Nasdaq does it bounce and how high
Reply
Great ideas! Any new thoughts on this since you posted?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out