FND - Waiting for a Breakout.
$FND
Still taking support on the horizontal line.
I will like to cross 62.7 levels (Feb High)
If that happens with volume nad green bar breakout then possibly we are in a rider for 15 to 20 $.
50day EMA is above the end of handle. so as of now that that can be kept as a stop loss if and when a buy comes.
Earnings is in August so possibly could breakout before that, if market does not fall.
Still taking support on the horizontal line.
I will like to cross 62.7 levels (Feb High)
If that happens with volume nad green bar breakout then possibly we are in a rider for 15 to 20 $.
50day EMA is above the end of handle. so as of now that that can be kept as a stop loss if and when a buy comes.
Earnings is in August so possibly could breakout before that, if market does not fall.
Komen:
Broke 62.7 on 21st July. So a buy on 22nd. 63 to 63.2