RA_Capital

$SILK daily #chart with possible C&H breakout #stock #trading

Long
RA_Capital Updated   
NASDAQ:SILK   Silk Road Medical, Inc.
$SILK stock price has formed a beautiful clear C&H pattern on the daily chart
The key level is 38.00 , so watch out for a breakout AND DAILY CLOSE ABOVE that level in order to participate
MACD an RSI fully support the move up
Measured target is around 48.17

Good luck,
TA
Trade closed: target reached:
Target reached 48.19 high our target was 48.17
Congrats longs,
TA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.