high risk high reward play, big money/institutional interest recently spiked in this one, a quick run up to 7 would work for me, after that 9 is an obvious target, could take a few months to get there though
Note
nice 5% pop here, going to take some off and set a stop, under normal market conditions i would wait for more of a run but if the market drops this one could get ugly very quickNote
going to take off some more here, can't turn away a move this good, will look to add back, probably after earnings, this is definitely overvalued in this range, upcoming earnings could justify that but short term predictions for this one are not clear, still think it's good to hold longer term
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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.