The stock just hit the green support line. To be conservative, I waited for confirmation and the stock has already climbed 100 dollars in the last 3 days. Now, assuming the trend continues, where the stock flits between support and resistance, an easy 220 dollars can be made in the next week or 2 (920-current price) Tell me what you think, like and follow:)
Theres a clear inverse head and shoulders pattern on the chart, which could be signalling the end of the consolidation period after its long bull run. (this pattern only completes if price hits the blue line I drew) Chances are the pattern will complete though since price closed near the highs and attracted more than average volume Tell me what you think, Like...
#tradeidea
from recent highs
Tight SL
#swing #tradeidea
Adding to pos.
If you want to try your hand at a small amount of high leverage, this might be a good opportunity, or it might not! Head and Shoulders Pattern. Hold the final short at C until ~$5,900 Good Luck!
buy -12500-12700 sell target 1- 13601 sell target 2-15217 sell target 3-16351 stop loss:12200 tipbox: 17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH 0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH