Fibergeek
Long

2017-07-29 - Rapid7 - Go Long

NASDAQ:RPD   RAPID7 INC
The stock is currently trading below the value area.
Depending on your risk factor, sell half of the assets in the middle of the area (±17.00), or sell near the top (±17.50).

PRO:
1) The stock is trading below the value area
2) On the 2017-06-06, almost 3 Millions shared were traded, the big party that bought them will want to distribute them with profit

AGAINST:
1) This may be the beginning of a down trend
2) A new mini value area may have begon, in this case it would be better to wait and buy at ±16.00
3) Earnings are due over 8 days, so it is possible the stock will trade in tight range

Comments

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