cpstraders

Redfin Corporation breaking out of a daily flag formation

Long
NASDAQ:RDFN   Redfin Corporation
Redfin Corporation #RDFN

125% gain off the lows.
Flagging on the Daily.
The 10EMA acting as support on the way up.
8.6% ADR.
Took on the break of the 1 Min ORH on the Daily flag.
0.25% stop loss.
Would like to see greater volume by now in the first hour of trade.
$14 target (may take partials on the way).

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