What I see...
+ Prices consolidated within channel, moving sideway range bounded for the past 2 weeks
+ Bullish break-out signal with a gap-up and strong volume on Friday
+ Price is near 52w high
+ Prices stayed strong during Feb. and March period; an indication of a very strong performing stock during the Bear market
- Latest bar showed up upper shadow
Setup...
Long entry above range high
Stop set at just under ~$160, which is teh 0.78 Fib
Target at 1.618 Fib
+ Prices consolidated within channel, moving sideway range bounded for the past 2 weeks
+ Bullish break-out signal with a gap-up and strong volume on Friday
+ Price is near 52w high
+ Prices stayed strong during Feb. and March period; an indication of a very strong performing stock during the Bear market
- Latest bar showed up upper shadow
Setup...
Long entry above range high
Stop set at just under ~$160, which is teh 0.78 Fib
Target at 1.618 Fib
Trade active
Long entry triggered today.Trade active
Moved Stop to BETrade closed: stop reached
Stopped out today @ BEShake Shake Leg
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.
Shake Shake Leg
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.