semi-long.. Breakout Play..
Updated
The last little run was on news, however it held its gains, earnings come out in two weeks, it has been closing the squeeze for about a month now. I feel like it will breakout soon, then spend a few days gaining. I'm in at 1.67, it did drop a little today but still within the lines of the flag. We will see how it plays out.. Anyone else on this one?
I say semi-long, because it could be two weeks before it breaks, and could take a week to complete the gains.. To some that could be short term, definitely shorter than I held DDD for the breakout.
I say semi-long, because it could be two weeks before it breaks, and could take a week to complete the gains.. To some that could be short term, definitely shorter than I held DDD for the breakout.
Note
I ended up getting out of this about the same place I got in.. just didn't do what I was looking for, then a couple days later it dove and I stopped watching it.
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.