Reasoning
Good weekly trend
Mini base on base
Correction is not overextended
Good Relative Strength
Great earnings
Good Volume
My Would Be Trade Plan
- Risk about 1.5ATR and aim to ride up to 4.5ATR (1:3)
- Raise stop once Trade moves 2ATR in your direction
- Add on new highs after a pullback. (Then raise stop to keep original risk and...
Huge demand (green circle) on $LFST powered this IPO 50%+ higher with only 8% pullback from recent highs. Looks very strong consolidating these gains in a box/ordinary manner. Adding it to my watchlist.