We are looking at potentially up to 20% profit if we break up and above $20.80. DYOR carefully on this stock as it has the potential to reject off this trend line and fall back to the $17-$18 levels. If that becomes the case, we can re-assess entry. Comments and feedback always appreciated!
POE has been moving in an ascending triangle, respecting trendline support. We are currently waiting for a breakout through the top right corner of the triangle and through horizontal support. It is important not to enter trade until we have confirmation. Risk : Reward is always 1 : 3 with my trades, but you could make your Stop Loss even tighter and go for a 1...
FUEL seems to be moving in an ascending triangle towards the upper right point, as well as towards general upper resistance. If FUEL can break out of triangle and through resistance, there is a potential for 20-40% profit. I must stress: - Wait for breakout to confirm entry, do not enter earlier. - This is just an idea. - PLEASE DYOR! Will post targets in next...
Just an Idea - Please DYOR. SUB broke through previous resistance and heading north. Expect some retesting of new support, but there is the potential for some profit on the way up to the next major resistance. I have entered this trade with a small investment only. Use SL on all trades for protection. Happy hunting.
Just testing the tradingview charting tools at this stage. An initial idea only. DYOR please.