The breakout happened on the weekly time frame with good volume, but still, wait for the retest and one could long after the restest with good risk to reward ratio.
Swing trade based on solid price action and fib retracement levels.
Good swing Trade based on Fib Retracement, as the company fundamental is also good one can also have it in their basket for long term(Fundamentally Good EV stock) as this sector is gonna be booming in the furure.
Swing Trade in IEX based on Price-Action , target can be 87--875 and keep the stop loss based on your risk appetite !
* Breaking Out Of The Range Of 10 years (2011-20) * Target can be 175-180 * Estimated time Frame (3-8 Months)
STUDY BASED ON THE TRAINGLE BREAKOUT AND FIB RETRACEMENT !