SENS trendline today possible continuation next week.
Held up well and SENS broke out trendline. This week action: Earnings announced on Aug 9 - shows positive on surprise EPS and Revenue growth.
Volume came in due to news and price action. PM was LOD and at the opening bell SENS took off breaking the trendline.
Closed strong at 3.78 .. looking for a possible continuation to $3..
Best price entry would be at 3.52 for DT. Holding a few shares for more upside.
Will consider going long if 50 crosses over 200ma.
Remember to place your SL and take profits along the way!
Volume came in due to news and price action. PM was LOD and at the opening bell SENS took off breaking the trendline.
Closed strong at 3.78 .. looking for a possible continuation to $3..
Best price entry would be at 3.52 for DT. Holding a few shares for more upside.
Will consider going long if 50 crosses over 200ma.
Remember to place your SL and take profits along the way!
Comment:
Golden Cross. Will buy near support or break 2.97.
Trade closed: target reached:
SENS took profit as it started to reverse more than expected. I'll watch tomorrow if it's still bullish. SPY is slowly recovering from NK news missile.
If you're still in it.. move your SL
If you're still in it.. move your SL