A consolidation above the 30 level is a return to the exit price and a further long scenario. But here it is possible stand, unloading, by indicators too much growth. But this is not always an indicator, if there is a buyer, he will chase it.
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MQ getting closer to a IPO Base Breakout
Huge volume yesterday
Potential 35 to 40% trade setup in hand "IF" breakout works successfully
Will wait for a confirm breakout before getting any position
A name that appeared on my scan last night...Fintech/Payment Solutions.
New IPO...looks like it want's to break out of it's base.
50-EMA + MACD x
Strong candle today.
Would like to see some volume.
Buy between $29.00-29.50
Stop: $26.70
Target: +$33.00
Current: $29.43
