SWX Long on flat channel breakout

NYSE:SWX   Southwest Gas Holdings, Inc.
Daily analysis:
- Hammer candlestick on support zone. Volume at the higher end of the spectrum.
- Both breakout volume on 14th Jan is decent.
- Not much resistance to the left

Weekly analysis:
- Very big range drop and starting to form a bottom
- Big range drop on 04th of Nov means not much resistance when going long after the range breakout

Intraday analysis:
- Bear's interest in the stock seem to be decreasing based on the volume.

- The stop lost is calculated by adding (ATR/2) to the low of the candle. It doesn't make sense to add a full 1ATR because of the long hammer tal. The stop lost would had be below the bottoming support otherwise

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