Previous swing low provide a good support at around $4, where a stop loss can be placed.
If the support holds valid, we can expect a move up to $6 to $7, that is a 4 to 5 times P/L ratio.
The closer to the support level ($4) you buy, the less risk you will bear on this trade.
If the support holds valid, we can expect a move up to $6 to $7, that is a 4 to 5 times P/L ratio.
The closer to the support level ($4) you buy, the less risk you will bear on this trade.
Comment:
Comment:
Readers, see what happened if you buy at 4.15.