$NEWR is a nice example of a PEG. I have this on my watch list to go long on a breakout of the pennant. All TBD. Of course if it breaks below it may form a bullish flag before moving up. This is not actionable now but one you may want to put on your watch list. Gaps like this tend to hold even if it morphs into a descending wedge.
In any event I like how the candles are tightening, a very good sign. We'll just have to wait to see how it plays out. Ideas, not investing / trading advice.
In any event I like how the candles are tightening, a very good sign. We'll just have to wait to see how it plays out. Ideas, not investing / trading advice.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
