Reason : At $113 correction move will become exhaust and new fresh down move will triggered up to $85. This move will be final one to end down trend in this stock. Post that, stock will based and become ready to sky rocket & make a new higher high.
Timeframe : Long opportunity prevails 3-4 weeks. After that, Short move will be initiated for another 3-4 months.
Timeframe : Long opportunity prevails 3-4 weeks. After that, Short move will be initiated for another 3-4 months.
Trade closed: target reached
Booked profit as closed partial position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.