Spent some time tonight looking at this one. She looks like a beauty with PLENTY of potential upside, (Should it hold current daily levels around 17.
1) I have marked what i feel are import price levels
2) catching the shift in momentum back upward here can net many potential gains
3) stop loss on this trade is pretty tight, so the risk to reward ratio is heavily...
After some technical analysis and studying the price ranges of the past:
1) I have drawn important price points for IBKR
2) News Catalyst on JUL 21
3) I feel it is currently in a BUY zone
Have fun and happy trading!
