MTCH - Long - Swing
+ High vol. breakout last week
+ followed by multiple days of narrow range, sideway, movement, with contracting volume
+ support from 5ema
+ trend intensity turned bullish since last week
- earnings is 3 weeks away; possible that prices will remain range bound w/ fake break-outs, leading up to the earnings release
: Target is a bit aggressive depending if you want to exit before earnings; if there are enough gains, once might stay through the earning release
+ followed by multiple days of narrow range, sideway, movement, with contracting volume
+ support from 5ema
+ trend intensity turned bullish since last week
- earnings is 3 weeks away; possible that prices will remain range bound w/ fake break-outs, leading up to the earnings release
: Target is a bit aggressive depending if you want to exit before earnings; if there are enough gains, once might stay through the earning release
Order cancelled
Setup broke down; cancelling trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.