work1411

XXII relative strength - bullish continuation

work1411 Updated   
AMEX:XXII   None
This week XXII had a conference which started to move price and volume.

Looking for more bullish play next week if it can clear $3.35.

Idea
1. Buy Stop Limit: 3.33 and set a SL at support.

OR

2. Buy at support level or major pull back as it usually pops 8c+.. I would like it to consolidate more to make a bigger move to break $3.87 and it's clear sky to $6+
SL should be set as it has been on a upward tick for the week.

Long term is bullish.. The news and product is worth keeping this long term and move SL.
Good luck.


Trade closed: stop reached:
Oversold zone. Stopped out.
News came out about XXII ending contract with BAT so this has made it more volatile.

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