Hey All,
Thought I'd share this one.
Price nearing major trendline support
Accumulation/Distribution Line trending upwards
Selling pressure starting to lose steam (volume decreasing)
Stock has been a major momentum trade and I don't see it stopping soon (nice tech)
Target 1: $17.50
Target 2: $25.00
Stop Loss: $12.00
Thought I'd share this one.
Price nearing major trendline support
Accumulation/Distribution Line trending upwards
Selling pressure starting to lose steam (volume decreasing)
Stock has been a major momentum trade and I don't see it stopping soon (nice tech)
Target 1: $17.50
Target 2: $25.00
Stop Loss: $12.00
Trade closed: stop reached