CarGurus, Inc SL-$45,99 TP-$28
Technical Analysis:
The clear historical pattern and the risk-reward it offers will undoubtedly attract a lot of selling pressure. In a trade based on probabilities, this would be a good opportunity.
The clear historical pattern and the risk-reward it offers will undoubtedly attract a lot of selling pressure. In a trade based on probabilities, this would be a good opportunity.
Trade closed: target reached
Taking profits with a 1-2 profit-risk ratio, when the market gives us an edge in a single candle, seems to me the smartest approach.
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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.