I bought this stock a few weeks back waiting for a break out. Finally happened and now it is pulling back to test the broken upper vertex. I'm not adding, I already have a good position here. But It is a good time to jump in. The company already had its earnings call and was good. The $22 zone is a strong support so if for some reason the price is pulled back to that support zone I would add.
Note
Well, it reached the demand zone. Wait for a buy signal to add:Note
Price is trading now in the demand zone.. Check what happened in similar situations. No price action yet, but you can start with a small position and SL at 21:Note
Double bottom at the demand zone? Wil be confirmed if it breaks out the 23.2 resistance:
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.
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.