- Huge volume and price change to breakout last resistance - Stopped at 37 which is second resistance, coincidentally was the last stock offer price by the company ($37) - If breakout 37 again with momentum and strength, maybe a setup to run to 46 - Or consolidate between 30-37 until next catalyst - My suggestion is to wait for effective breakout to get in - Setup...
I don't think we are ready to challenge higher highs. We need more time. Maybe a couple of weeks as buyers slowly step in... Trade safe~
Watch your entry point, should be in this at $44-45 and target $48-49. Short term strategy of Risk ratio 2.5, and 2 week long action.
On my watch list to hit 50% profit by year end!!