NASDAQ:PROG
Adjust your position for day-trading based on hourly key-levels and S/R, for swing trading based on daily S/R.
I see two different scenarios for Monday.
Bullish scenarios:
A- it will hit 2.80$ area in pre market and when market opens going to hit 3.30$ area and even 3.50$
B- It opens with gap up above 3.50$ and bypass the R1, then going up to hit 4$ as R2 and be rejected to 3.50$ area
Bearish Scenarios:
1- it holds the price in pre market even goes to 3.15$ and then when market open drops to 2.70$ area.
2- hold the price at 3$, when market opens drops to 2.75$ area.
it has a risk reward of 1/2. it can go up 20$ and drops 10%.
*This is my idea and could be wrong 100%
cheak my previous idea about $PROG
For more info and insight check my Twitter account: @SHKSPRT
Adjust your position for day-trading based on hourly key-levels and S/R, for swing trading based on daily S/R.
I see two different scenarios for Monday.
Bullish scenarios:
A- it will hit 2.80$ area in pre market and when market opens going to hit 3.30$ area and even 3.50$
B- It opens with gap up above 3.50$ and bypass the R1, then going up to hit 4$ as R2 and be rejected to 3.50$ area
Bearish Scenarios:
1- it holds the price in pre market even goes to 3.15$ and then when market open drops to 2.70$ area.
2- hold the price at 3$, when market opens drops to 2.75$ area.
it has a risk reward of 1/2. it can go up 20$ and drops 10%.
*This is my idea and could be wrong 100%
cheak my previous idea about $PROG
For more info and insight check my Twitter account: @SHKSPRT
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
