Nice RR on this small cap, one can go long around 145-148
Buy- A small company with good RR. Buying range 145-148. SL 138
Disclaimer: Ideas for educational purpose, please do your due diligence before taking any call.
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The stock broke out of a Double Top formation and attempted breakout above 205. However, after marking highs near 217 the stock suffered a classical throwback. A breakout was likely as the stock had closed outside its upper Bollinger band after which it saw a temporary pullback inside. On the Weekly Charts, the stock has closed outside its upper...