alexp

Long YHOO on daily - if triggers above 15.85

Long
BATS:YHOO   None
786 views
1
This is the first deep PB after bull breakout from two legged PB at EMA (A2).

Although this might turn into reversal back to MA, if the set up triggers above 15.85 resistance, it's likely to close the gap at 15.97-16.00 and move a bit more up towards a strong resistance at 16.35-16. 40 level

Conservative target is 16.20, stops are at 15.60

Comments

Stopped today on this one. Didn't make it just 15 cents to the target.
Reply
Agreed.
Reply
I think 18.5 should be a realistic target after 16.5 break
Reply