I usually play only breakouts with decent success BEFORE they actually happens.
This time I'm gonna gamble on a breakout continuation. I dont have a proper check list for this kind of plays, so this will be a good first attempt.
PT1: 14
PT2: 15
STOP: 12.5
Possible dump after earnings, followed by a swift recover.
Checklist and scores:
Technicals: okayish
Momentum: good
Volume: very good
Reversal/Divergences: excellent (already happened though).
Catalyst: very good
$ZUO
This time I'm gonna gamble on a breakout continuation. I dont have a proper check list for this kind of plays, so this will be a good first attempt.
PT1: 14
PT2: 15
STOP: 12.5
Possible dump after earnings, followed by a swift recover.
Checklist and scores:
Technicals: okayish
Momentum: good
Volume: very good
Reversal/Divergences: excellent (already happened though).
Catalyst: very good
$ZUO
Trade active:
pt 1 achieved
Trade closed: target reached