RBRK has been pulling back into the discount zone for a while.
This is a good area to start building a long position.
There is an unfilled gap below, may fill it aggressively to shake out the longs.
Have a wide stop or build the position over the time instead of jumping into it.
- IPO VWAP holding well
- Earnings gap filled
- In the discount zone
Target 1 - 100
Target 2 - 120
Stop loss - 48, very wide.
This is a good area to start building a long position.
There is an unfilled gap below, may fill it aggressively to shake out the longs.
Have a wide stop or build the position over the time instead of jumping into it.
- IPO VWAP holding well
- Earnings gap filled
- In the discount zone
Target 1 - 100
Target 2 - 120
Stop loss - 48, very wide.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.