GOPRO LOOKING READY FOR TAKE OFF
Pretty simple setup.
Multiyear trendline got broken yesterday, market gapped higher and stayed above the line.
Market also broke a textbook triangle pattern.
I already entered one position @ 9.93 with a stop @ 9.22 and targeting a big move higher.
and i might also take a second position if market retests the top of the triangle.
Earnings are a risk factor, but they also could be the ignition for the take off higher.
Fundamentals are also starting to turn on this stock, so lets see, maybe we can have a good rally towards 15$
Risk:Reward is also pretty nice.
Best of luck and trade wisely
Multiyear trendline got broken yesterday, market gapped higher and stayed above the line.
Market also broke a textbook triangle pattern.
I already entered one position @ 9.93 with a stop @ 9.22 and targeting a big move higher.
and i might also take a second position if market retests the top of the triangle.
Earnings are a risk factor, but they also could be the ignition for the take off higher.
Fundamentals are also starting to turn on this stock, so lets see, maybe we can have a good rally towards 15$
Risk:Reward is also pretty nice.
Best of luck and trade wisely
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.