Trading idea - Entry point > 3.7/61.80% 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 3.7/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support...
$TBLA - Stock continues to drift higher after Yahoo took minority stake on 28 Nov - Building a tight pennant - Strong momentum runner: > +100% in 2 months
TBLA signed new deals, including Yahoo, and beats EPS estimates for 5 quarters in a row. At 800 mil mkt cap and revenues above 1.2 bn looks attractive. Also the price seems to just have started a bigger move up. TP 40% higher SL 25% lower. Fast traders can cancel the trade at -15%. Adjust your sizing accordingly.
Technical analysis & Financial LONG-OIC make sure you get into it quick don't let it skyrocket or the opportunity will expire
positive divergence macd+rsi confirmation above 9.4 Goodluck