Long
Long @ 6.50 target $12.25

NICE setup for counter market movement, if 2019 is a flat/ topping year
IPO price is $25 range, consider that the long term target
IPO price is $25 range, consider that the long term target
Trade active
MIssed the lower entry opportunity for christmas sub $6.006.50 buys already strong IHS bottom confirmed
Note
6.50 looking extremely clean now. if you want to trade out to profit and take a breather, exit at 10.15 and wait to rebuy in the cloud support test near 8.50- 8.00 earnings in mid March, expect volatility to continue
Note
should constallidate here around 9.50-11 before charging higherNote
ripping through resistance. if we're in blue sky above $11.50 then look for 14-15 before earningsNote
moving through that $11-11.50 range in a bluesky attempt. very excitingNote
testing top edge of cloud as support, good buy opportunityNote
Now back the the bottom pitchfork channel line, BUY here, high risk, high rewardDisclaimer
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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.