MDB
is showing a lot of strength. If it tests the resistance, pulls back and goes back up, just like drawn on the chart, then buy as a swing trade above 81.93, with a stop at 79.90; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then I wouldn't chase it. Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Trade closed: target reached:
Gap filled. I would take off at least 1/3 of the position at this level.
Trade closed: target reached:
This one turned out to be a big one. it filled the gap EXACTLY as I drew on my chart. Please like, comment and follow!