Long
Short term target is $10
Up trend since last Nov
Rejected by 200MA twice and will likely break it the third time in Feb.
1) Dip buy at $8-8.20 SL at $7.7
2) Second buy happens at 200MA breakout, it would be around $8.9, SL at $8.39
Sell target $10, total investment $4000, Risk/Reward 7.5, Total potential profit $750
Rejected by 200MA twice and will likely break it the third time in Feb.
1) Dip buy at $8-8.20 SL at $7.7
2) Second buy happens at 200MA breakout, it would be around $8.9, SL at $8.39
Sell target $10, total investment $4000, Risk/Reward 7.5, Total potential profit $750
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.