Panjang
TRIT - Make or Break?
An edgy trade but Oppenheimer recently opened a very bullish call on the stock with a forecast in the mid $20 range. The stock has a potential class action law suit around the corner which is worrying. However I like the underlying technology of the business.
Looking to enter the stock around current levels with a very tight SL and a 3/1 risk/reward ratio.
Recent days have shown a trend reversal and less volatility which I like.
RSI looks a bit toppish, so might offer a good opportunity to enter should the stock pull back a bit
Stock is scratching the recent levels before it gapped lower. Closing above would be a bullish indicator.
Go Long @ 12.20
SL @ 11.00
TP @ 16.00
Looking to enter the stock around current levels with a very tight SL and a 3/1 risk/reward ratio.
Recent days have shown a trend reversal and less volatility which I like.
RSI looks a bit toppish, so might offer a good opportunity to enter should the stock pull back a bit
Stock is scratching the recent levels before it gapped lower. Closing above would be a bullish indicator.
Go Long @ 12.20
SL @ 11.00
TP @ 16.00
Nota
Breakout looking to confirm, RSI looking toppishAdjusting Buy limit to 13.20 for the day
Dagangan ditutup: hentian tercapai
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.