2 weeks chart. The resistance at 4.5 was broken with tons of volume, no is testing the support. Risk and reward is good in this trade and it can break up very quick. I already have a long position, I may add next week depends on price action in the daily timeframe. Take in consideration that this is a 2 weeks chart so plan accordingly.
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Thanks for your comments, I'll keep you posted. I'm just holding my position for now. I just found out that covered calls on this stock are very attractive priced. I may buy more stocks next week and write some calls for extra cash.
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Price is trading on a strong support area. Let's see if it holds.
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Triple bottom? I'm still holding this one. Earnings on 11/02
Your analysis on the 2-week chart, highlighting the break of resistance with high volume and the potential for a quick upward move, provides valuable insights for traders. Keep a close eye on the daily timeframe for potential entry points. Good luck with your trade! 📈