Notes: * Coming up on the right side of its base * Volume increasing with price * Two levels of resistance at which we can take partial profits. Technicals: Ticker: $RXST Sector: Healthcare - Medical Devices Relative Strength vs. Sector: 25.97 Relative Strength vs. SP500: 8.57 U/D Ratio: 1.7 Base Depth: 82.72% Distance from breakout buy point: 1.65% Volume...
IPO intraday trading strategy idea The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $18,06; stop-loss — $15,92; take-profit — $24.48,/MOC price. Do not view this idea as a...