Funds all over this, volume barely declined relative to breakout day, and bands are full and solid green. About to breech psychological milestone at $20.00, which it will, giving you a bit of a buffer. You can hold this or scalp, sell, then wait for the pullback to get back in for a long term hold. I see it triangling with an upward trend for the foreseeable future
If you see a big ask at $20.00, and it starts getting taken, buy. Look for people buying a lot on the ask in the morning. Set 10% stop and scale
If you see a big ask at $20.00, and it starts getting taken, buy. Look for people buying a lot on the ask in the morning. Set 10% stop and scale
Note
If you are scalping tomorrow, set 2-3% scalpNote
This is purely a whole number tradeplay for the scalp on Monday. Up to you if you want to hold overnight and see if you can get a nice buffer. Personally, I'd scalp, wait for a little bit of a pullback before entering for the long term hold
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.