You can see my notes on the chart. There are two merging resistance areas, the IPO AVWAP and resistance area since March. I have an alert set at $3.40. If it can get above and hold this may have room to run. This is the kind of stock that could easily double or triple in a short period of time. All TBD.
Thanks for looking. I hope this helps someone. Constructive comments always welcome.
Trade active:
Just opened a 1/4 size position... tight stop. Let's see if this one can move.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.