I couldn't resist scanning for some scallop setups or (inverted J's as some call them) after this sell off with the reward being so great and found a good handful of these, but i do like the look of nbev picking some up at the 55% retrace for an initial position. Take a look at the scallop i traded on mlco for price meeting target
Trade active: relatively low volume overall but nice to see that e.o.d vol surge coming in that's what we need to surrender the 15% float could have them hedging scared tomorrow!
never seen this setup looks like it is going well :cheers:
+1 Reply
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