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Sonos, Inc.
Long

SONOS breaking out of its IPO bottom

By Chartoholic
Updated
SONO broke out of its IPO, buy now or upon retest of the break out level of 23.7$ or slightly lower at the 20 MA. Its not easy to figure out the target, it already crossed the analysts average target and could easily hit the highest target of 30$ and even higher. I am in this trade without stop but a good stop level would be around 20$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: target reached
Target achieved after hours upon release of earnings
I am keeping this for long term
Chart PatternsdowjonesTechnical IndicatorsIPOnasdaqsonosTrend Analysis
Chartoholic
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