Watch $79.75 9eMA Weekly Cross up(Green)
Hey guys, as you can see GDOT has been in a nice uptrend since years and in the last month we saw the stock price pullback and today it bounce a little bit of his 50MA, this is interesting, because when you see a stock in a strong uptrend then pullback on low volume and bounce of the 50MA, that could be a buy opportunity If tomorow the stock reach 61,25 and close...
GDOT is printing a bullish hammer candlestick price bar right off of its uptrending 50 DMA on heavier above average volume with my momentum/trending oscillators conirming the price move. I am going long GDOT on Monday using a limit (GTC-BUY-LMT) order @ 60.83. I will have two trailing sell stops (GTC-SELL-STP) @ 58.99 and 58.26 to protect my initial capital in...
GDOT is a great example of how to play using BGUs. Notice a) the volume signature and b) how each BGU does not violate the low of the candle (stops can be placed 2-3% below the low of the BGU candle). A buyable gap-up (BGU) is a powerful buy signal that should meet the following criteria: 1. Buyable gap-ups should occur in fundamentally sound and leading stocks,...