80Q trade ideas
$YALA - swing from the dipFollowing the trend and the set up
Bought the dip, starter position. Will add if the stock price goes UP, not down.
$YALA - playing the trendStarting a position today again on YALA long
The trend is your friend.
I like the volume.
I buying the little dips until i have a whole position
YALA - Daily PullbackThis trade is a based on a daily pull back which means the Stochastic RSI is below 20 and price breaks out of the range of bars
What I like:
* Pullback was into a support area
* Pullback area had a nice range/congestion of bars showing some consolidation
* RSI on 2hr showing a change in momentum
* 2hr showing a squeeze prior to breakout confirming cosolidation
What I don't like
* It is in a downtrend on the lower time charts (daily, 2hr): Lower lows, and lower highs.
R: $100
E: 15.90
S: 14.15
T1: 19.40
T2 ( near ATH ): 21.10 - or a breach of previous low pivots
$YALA - swing idea Entry: $15.75 ish
Stop loss: $14.65
Target: 18.50
Risk aprox $1 to make aprox $3
Based on falling wedge pattern
This is an IPO - therefore, you should know that IPOs are more prone to chaos and chart reading is somewhat difficult.
