Long
RENN - Long - Swing

+ Broke out w/ extremely high vol.
+ Prices were on sideway, narrow range bound movement for weeks prior to break-out
+ Significant dip in vol. the day prior to break-out
- Multiple failed break-out in the past few months, even with high volume support
- Low $2 price is just about the lowest I would go for my personal strategies
: First target at 2.57 level
: Second target at 2.88
+ Prices were on sideway, narrow range bound movement for weeks prior to break-out
+ Significant dip in vol. the day prior to break-out
- Multiple failed break-out in the past few months, even with high volume support
- Low $2 price is just about the lowest I would go for my personal strategies
: First target at 2.57 level
: Second target at 2.88
Trade active
Entered LongNote
Moved Stop to break-evenTrade closed: stop reached
Stop out today at break evenDisclaimer
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.