What I see... + Price held strong throughout Feb. and Mar. when the market tanked + Price rebound strongly with very high vol. + BO signal through the past 3 weeks + It is up ~ +30% for the year!! + Strategy: get into an early position before the June 5 earnings
Setup... This is going to be a longer term trade Entry above the high of the past 2 weeks Stop set just under -2w low Traget is 61.8 Fib or beyond; will probably set a trailing stop just to be safe
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+ Rather luck to get into the trade today as its price gap-up to open above my entry level + The day-low managed to fall within my range and my order filled
:: Maintaining current exit level as volatility is anticipated