* Exceptional earnings year over year
* Breaking out of its IPO base once again that dates back to 2015 ($24.73)
* High relative strength in the Tech sector
* In a very tight range for the past 3 weeks
* Offering a pocket pivot with in the range just before the breakout
* Maximum probable ROI would 21.65%
Trade Idea:
This is a great time to enter as it's just before the breakout
A lot of things are lining up right now
* Pocket pivot indicating institutional interest
* Tight consolidation for the past three weeks
* Very close to breaking out
* Recently broke back above the IPO base
* If you want to look for a discount you can look for buying opportunities near the $25.54 area
* Breaking out of its IPO base once again that dates back to 2015 ($24.73)
* High relative strength in the Tech sector
* In a very tight range for the past 3 weeks
* Offering a pocket pivot with in the range just before the breakout
* Maximum probable ROI would 21.65%
Trade Idea:
This is a great time to enter as it's just before the breakout
A lot of things are lining up right now
* Pocket pivot indicating institutional interest
* Tight consolidation for the past three weeks
* Very close to breaking out
* Recently broke back above the IPO base
* If you want to look for a discount you can look for buying opportunities near the $25.54 area
Nota
UPDATE: Box was consolidating in a tight range for the past 3 weeks. It broke out and is offering another entry. If you want to get in you can use the following:Entry: $26.72
Stop: $25.33
Target: $29.50
Good luck!
Dagangan aktif
Took my entry for the following order.Entry: $26.72
Stop: $25.33
Target: $29.50
Let's see how it goes.
Dagangan ditutup secara manual
I'm out of this trade with a small loss. Reason for the exit, the stock was making lower lows on a daily basis since entry.
Better to cut losses quickly rather than wait in rough market conditions.
However, this is still a great stock and I'll keep an eye on this for an opportunity for reentry.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.