Fibergeek

2017-12-01 - Sanchez Energy - Go Long if you are not already

Long
NYSE:SN   SharkNinja, Inc.
Today, the stock finally broke out of the range with a strong close at 5.60 USD.

I've drawn my trendline on the weekly, I expect the trend to continue slowly.
Let's hope it holds.

On the 26 October we had a nice new line, which I believe to be the final one and a nice Wyckoff spring.

Anyways, I will trade this long term without a stop-loss as I believe the stock to be high undervalued (sector related).
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.