The stock was showing strong up-movement in the last 1 hour of the trading session (maybe the stock can gap-up tomorrow due to the volumes in the last one hour). This is due to a decent earnings report in the stock. if it is able to break the resistance, tomorrow with good volume enter the stock in dips or pull back
Comment:
the stock is at a good price now. swing traders can start accumulating the stock from (1560 till 1550) putting a stop-loss below 1540. the first target is 4% from 1560
Comment:
the stock is below 1560 good spot to accumulate the stock
Trade closed: stop reached:
The stock hit stop-loss at 1540. bought the stock at an average of 1554.70.