IvanLabrie

$GOTU: Long with high reward to risk

Long
IvanLabrie Updated   
NYSE:GOTU   Gaotu Techedu Inc.
Very nice setup here, high reward to risk ratio here. Keep in mind market cap for sizing with these trades, liquidity can be a factor to consider at times.
Best of luck!

Cheers,

Ivan Labrie.
Comment:
Very slow behavior here, but setup is still valid, I suspect it will be range bound and hold up, not a very exciting play now, probably ok to just set a break even stop today, it's gapping over the entry price.
Trade closed manually:
Just exit this one here.... Too slow.

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