Strong uptrend recently.
Consider purchase near triangle support.
Looking for potential breakout to upside in alignment with uptrend.
This trade is more of a trend trade, buying near support, than a triangle trade since it does not involve waiting for the breakout.
Volume is very low!
No current position. Just popped up on the screener list. On initial analysis gave it a 4:1 ratio based on a reasonably achievable target.
Consider purchase near triangle support.
Looking for potential breakout to upside in alignment with uptrend.
This trade is more of a trend trade, buying near support, than a triangle trade since it does not involve waiting for the breakout.
Volume is very low!
No current position. Just popped up on the screener list. On initial analysis gave it a 4:1 ratio based on a reasonably achievable target.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/