Long
RIDE 2021-01-13
RIDE looks to be sitting in the .386 retracement of its most recent pop, and it's uptrending nicely.
Ideal starting position is 25.22, but 26 is okay too. Could possibly consolidate for a day or 2 here before trending upwards again.
If you're swing-trading this, a cut loss @ 22 could make sense.
If you're a long term holder, cut loss @ 18.
Medium-term target @ 47 end of February before a potential correction to 36.
Ideal starting position is 25.22, but 26 is okay too. Could possibly consolidate for a day or 2 here before trending upwards again.
If you're swing-trading this, a cut loss @ 22 could make sense.
If you're a long term holder, cut loss @ 18.
Medium-term target @ 47 end of February before a potential correction to 36.
Note
Oops I should have started the pitchfork further back in april
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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.