ZUORA Breakout continuum
Updated
I usually play only breakouts with decent success BEFORE they actually happens.
This time I'm gonna gamble on a breakout continuation. I dont have a proper check list for this kind of plays, so this will be a good first attempt.
PT1: 14
PT2: 15
STOP: 12.5
Possible dump after earnings, followed by a swift recover.
Checklist and scores:
Technicals: okayish
Momentum: good
Volume: very good
Reversal/Divergences: excellent (already happened though).
Catalyst: very good
ZUO
This time I'm gonna gamble on a breakout continuation. I dont have a proper check list for this kind of plays, so this will be a good first attempt.
PT1: 14
PT2: 15
STOP: 12.5
Possible dump after earnings, followed by a swift recover.
Checklist and scores:
Technicals: okayish
Momentum: good
Volume: very good
Reversal/Divergences: excellent (already happened though).
Catalyst: very good
ZUO Trade active
pt 1 achievedTrade closed: target reached
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