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Ifuloseulose
Apr 19, 2018 9:23 PM

Very nice setup on STORM Long

Description

STORM appears to be resting right above a support zone and has formed a very clean cup formation as well as forming a bullish pennant. A fundamental factor that may affect the price of STORM is the planned airdrop on the 7th of June so definitely keep an eye on that. The only negative signal I am seeing on this setup is the relatively low volume but the risk to reward for this trade is good so I am personally entering this trade.
Comments
ccjjaspers
Targets?
Ifuloseulose
@ccjjaspers, I don't like doing targets because it is very difficult to predict
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