CodrinTrades

ROOT Ready for Breakout

Long
NASDAQ:ROOT   Root, Inc.
I have been waiting on ROOT to set up for about a month now. Now is looking prime for a breakout. My bias is to the upside; however, I will not enter until the breakout took place. Once it breaks out if it retraces back to the resistance/support, I will look to add more to the size of the contract/equity. My stop loss will be below resistance/above support.

*The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.*

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