needs to cross and hold 1 dollar resistance! 💯XELB seeing trend resistance break + unusual volume increase
if we cross and hold 1.05 then rally to 1.46-1.78 is in play 🎯
lots of penny stocks running lately so don't sleep on this one!
XELB trade ideas
BOOOOOOM that $XELB setup for 32.71% only took 4 hoursBOOOOOOM that $XELB setup for 32.71% only took 4 hours
Didn't expect that to be a day trade and I'll take it... wooooot...
NEW POSITION $XELB Target 2.84 for 32.71% $XELB Target 2.84 for 32.71%
Or next add level is at 1.44
Low float and nice waves 🌊... let's go...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
mid term +13,000%Xcel Brands, Inc., together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the Halston Brand, the, the C Wonder, the Lori Goldstein, and other brands.
XCel Brands, Inc. $1.55 Target XCel Brands, Inc. is a media and brand management company, which engages in the design, production, licensing, marketing and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products and the acquisition of consumer lifestyle brands. It owns and manages Isaac Mizrahi, Judith Ripka, Wonder and High Line Collective brands. The company was founded by Robert W. D'Loren in August 31, 1989 and is headquartered in New York, NY.
$XELB is gonna to fall todayPupm&Dump trading strategy idea.
$XELB is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,26;
stop-loss — $1,47.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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