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ChartMeNot
Dec 18, 2021 5:09 AM

SentinelOne (S) Long Long

SentinelOne, Inc.NYSE

Description

Assuming the market does not completely tank, this may have found a bottom. See the large amount of accumulation around here.

The 1.272 retrace of the last move is around 43, where the stock triple bottomed. If this fails the next stop could be 34.

The first resistance, assuming this can break 51, should be the 0.382 retrace of the full down move, around 55-56.

Trade active

Got in @ 43.57 on 12/17, sold half today @48.50, don't like the price action. Putting a stop at breakeven.

Trade closed: stop reached

Might get back in later

Trade active

Back in @ 43 a couple days ago
Comments
CBIchiban
Thanks for the analysis and entry/exit info, very useful. Just got in today, we"ll see... Pls let us know if you get back in :)
ChartMeNot
@CBIchiban, still long here? Just to let you know I'm very bad at this stuff, still learning. Reading charts is one thing, acting properly, patiently, prudently, is a whole other thing.
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