Developing Trade
We have a super strong support and unusual volume today. It is an earning play which could help propel the next bull cicle of the stock.
Rsi in line with predictions and afterhours activity seem to indicate a nice buildup for a great day. Trade only above breaks and volume must maintain during the day. Wait for flush at open and ride the wave. It breaks support its a shhhh show.
For swing trade this is a great entry point once the smoke clears tomorrow. The risk reward raio its perfect..Stop right below support.
This stock its full of false breaks so thread carefully.
Remeber its a sale the news almost always...unless there is momentum ..volume volume voume, watch pre market to confirm trend its holding.
Rsi in line with predictions and afterhours activity seem to indicate a nice buildup for a great day. Trade only above breaks and volume must maintain during the day. Wait for flush at open and ride the wave. It breaks support its a shhhh show.
For swing trade this is a great entry point once the smoke clears tomorrow. The risk reward raio its perfect..Stop right below support.
This stock its full of false breaks so thread carefully.
Remeber its a sale the news almost always...unless there is momentum ..volume volume voume, watch pre market to confirm trend its holding.
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