- Price coiling above 200DMA on a 7x volume. Yesterday's reversal was very timely. now it needs to push to 20 and again base there for a breakout to test 27 where sellers would show up.
- Plenty of time to get in. test of 20 and breakout will provide bigger R/R as nervous sellers could put downward pressure below.
- Disclaimer: Long via commons at 16.63
Trade active:
Holding well above the MAs and around the trendline. Breakout will need additional volume...Likely to remain choppy below 20.
Trade active:
Playing as per plan. I got shaken out last week, but set up is too strong to ignore. Will add soon.
Trade closed manually:
As expected acting choppy. Closed yesterday. will watch for another entry.