TradingView
optionsswing
May 24, 2021 3:39 PM

$STAA Bull Flag and Bullish MacD  Long

NASDAQ:STAA1D
STAAR Surgical CompanyNASDAQ

Description

⋅
  • STAA has been consolidating after breaking an ATH.


  • Good for a long on a break and hold of 132. Watch volume on the daily, Need a follow through for confirmation.


  • Technicals: Bull flag and bullish MacD.

  • Trade Active


-Daniel Betancourt, OptionsSwing Analyst

Trade active

⋅
Target one has been reached. Some consolidation on inside candles which have formed a bull flag that looks to breakout soon. Next Target up is 153 and then 168.
Trend Analysis
Comments
Tnavamala
⋅
Great chart and analysis. But this is not really suitable for options play, very low open interest and volume. Do you recommend buying actual stocks?
optionsswing
⋅
@cnavamala, Low liquidity players like STAA traders should tend to contracts with plenty of time. Options 4 months out and equity looks good.
Tnavamala
⋅
@optionsswing, gotchu!! Thank you for the insight
More