Boingo Wireless if far from a household name, but on 04/04/19 we seen a spike in price and unusual volume, this was aligned with heavy option call buying. In this case we can be sure someone knows something we don't, so we are going to follow their lead.
I think that we can kind of see what is going on with this stock. The pattern I put into light let me think that a great opportunity is coming! I might wait a little bit to see the little triangle occurred before buying the stock!
Add it to your watch list ;)
HUGE gap on Friday. Expecting some profit taking on a 25% gain in one day. Will look to go short if the 1.382% fib level acts as a resistance. Previous bullish actions with WIFI have resulted in decent pull backs before moving higher.
If I enter, my stop loss will be set at $20.