Many momo stocks have small floats. Always respect the lockup expiration dates.
Still not broken. Over 50 fib with rounding bottom on hour chart with potential dbl bottom.
GOGO broke the neckline (red dash line) of a head and shoulder pattern with huge volume on Dec 18. It has been moving within a declining channel since then and touched the lower edge of the channel last Friday. The price is close to several supports right now: (1) the lower edge of the declining channel (2) the support line connecting the lows of Nov 19 and Dec...
support violently broken today. Look for gap fill. Next support 19.00.
Improving RSI and balanced volume profile today. Lots of concentration at the Jan opex 24 C. 3.4k/1.8k C/P.
Volume profile shows accumulation there . Quite some Jan 24, 25, 26 P traded at the bid late in the day as well.
goo.gl I just bought some GOGO shares one minute before the closing bell of US stock market. Here's why: 1. Long-term uptrend. Trend line is my guide for direction of trade. 2. Double bottom. 3. GOGO stock price retraced to 61.8% Fibonacci level. Double bottom formed on that specific level! 4. A couple of bullish candlestick patterns are printed on that...
I would like to take a position , however 26 and change above the channel is a good entry for a short trade.