This is a 4 hour chart and the arrow is pointing at the 200MA on that 4 hour chart. This is a great breakout that should hit that 200MA in the coming days. You can either buy the shares or for small ccounts you can either sell puts 7 days out just below your entry and collect premium or buy a call and sell at target.
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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.
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.