ENDP - Channeling Reversal

11 sie 2020

ENDP

SWING TRADE
ENDP - Been watching this stock for a while, for the last 2 months it's been channeling within a tight range, giving the possible opportunity for about a 10% profit.

Risky though, since there's only one primary strong sign for my conviction. Thus, will use a tight stop loss to mitigate the risk.

Reason:
1) 9th possible bounce on support @ 3.29

Entry: 3.32
Target: 3.64
Stop Loss: 3.29
Risk Reward: 10.67