Entry Point: When price crosses above 50 DMA (blue line). This allows prices to take over 50 Week MA and 20 Month MA first.
Profit Taking: Around $40.50 when gap about to close
Stop Loss: When price crosses below 20 DMA to minimize heavy loss. For me, I will exit when price crosses below the supporting trend line.
Indicators are slightly bullish. Bollinger bands are expanding slightly, but not yet at a convincing manner.
Profit Taking: Around $40.50 when gap about to close
Stop Loss: When price crosses below 20 DMA to minimize heavy loss. For me, I will exit when price crosses below the supporting trend line.
Indicators are slightly bullish. Bollinger bands are expanding slightly, but not yet at a convincing manner.
Trade closed: target reached