AKER Bullish Swing Setup
$NASDAQ:AKER has 2 gaps to fill and just saw significant support at the 100 day MA. If it does go up I think theres a good chance itll fill the gap so i have a price target of 2.00 which is a 17% gain. Setting a stop loss at 1.55 which is 5c below the low of the past 2 days. Selling 1/2 of the position at 2.00 and either selling the remaining at 2.15 for a profit or take a small loss and sell at 1.95 . Risk reward for the 3/4 position set up is 1:2. the remaining 1/4 has a risk reward of 1:3 at 2.00.
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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.