SMAR has been consolidating for 6months - since May - and has formed a bullish inverted H&S. ER is in early December and considering swinging a position trade through 2021 on this one. One of the cheapest stocks for its growth rate available in software. Neckline of $53 is active currently and should see new highs above $60.
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This trade is setting up perfectly. Expecting some more downside which will make for ideal entry point at $52
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This is setting up simply perfectly.
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Trade broke out pre-ER and if after hours holds will complete up to $75.