Looking at a possible breakout trade with analyst avg rating pointing at $106
Need the following conditions:
- Break above present high
- good volume
- good overall market conditions going into next week
Set loss would be set at the moving averages where break below averages signals sell.
Profit at decline on bullish momentum.
Will not buy major gap ups.
Need the following conditions:
- Break above present high
- good volume
- good overall market conditions going into next week
Set loss would be set at the moving averages where break below averages signals sell.
Profit at decline on bullish momentum.
Will not buy major gap ups.
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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.