EXAS, place a buy limit order with a other cancels other order for the target/stop, still learning.
Buy order: 44.00
Target: 50.00
Stop: 43.00
Time Frame: Feb 20th
Playing Trading Simulator Game:
On 17JAN18, had about 10 times the average trading volume!
Where will the price go from here?
I think it usually goes up.
If your in EXAS, I would go ahead and get out. It powered out of a nice rounding bottom to blast towards an unsustainable rate of ascent. On the daily chart it looks like it formed an eve and adam double top. Its formation is however, a little messy. I would cut gains and hope for a re-entry bounce at support. If you want to stay and wait, i would suggest raising...
Exact Sciences shares are trading firmly above the uptrend line, which suggests that higher prices are likely to continue. This bullish view is further supported by the golden cross that was generated in July 2016.
A golden cross is a bullish indicator that is produced when the faster 50-day moving average (highlighted in blue) crosses above the slower 200-day...
The trend line acts as a line in the sand; trading above it means that a bull marker is still in development, and that, therefore, higher prices are expected to follow. Trading below this trend line would serve to suggest that a bullish move toward higher prices has concluded, and that a larger correction is set to ensue.
Exact Sciences shares are trading firmly...
After the breakout of the long term downward trendline Exas is making higher highs and higher lows, with a possible uptrend continuation. Every strong breakout of the rising trendline can change the trend with a deeper correction.
