Entry @ 4.38
Stop loss @ 4.22
Profit target @ 4.73
Stock closed a 15 min valley which fueled a move up after a long distribution. A Stock gained an important daily level. Expecting the move to continue until the weekly level at 4.74. Looking to get back in after retracement. Next target is at 5.20.
After a long down trend the price is finally moving sideways and holding a weekly level. This usually precedes a move up. There is good potential for a bigger move up.
