PetMed Express, Inc.shooting up 400% ??
On the above 15 day chart price action has corrected 90% since late 2020. A number of reasons now exist to be long, they include:
1) Price action and RSI resistance breakouts.
2) MFI resistance breakout, in other words volume or money flow is increasing. Follow the money. Someone knows something I don't.
3) Support on past resistance. Over the last 20 years price action has respected the 4.90 level as strong support.
4) No stock splits.
5) 9.2% short interest.
6) Price 400% to channel resistance.
It is possible price continues to correct? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you decide
Timeframe for long: Earnings report today!
Stop loss: Will say elsewhere
1) Price action and RSI resistance breakouts.
2) MFI resistance breakout, in other words volume or money flow is increasing. Follow the money. Someone knows something I don't.
3) Support on past resistance. Over the last 20 years price action has respected the 4.90 level as strong support.
4) No stock splits.
5) 9.2% short interest.
6) Price 400% to channel resistance.
It is possible price continues to correct? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you decide
Timeframe for long: Earnings report today!
Stop loss: Will say elsewhere
Dagangan aktif
support confirmed
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.