Normal
Re: Ascending vs Descending - In Real TimeYes, I'd call $27.00 ish target, possibly $27.50 ($20.50 low to $24.00 = $3.50 potential), which is all time high as well, and I'd expect resistance there. Stop on EOD close below $22.50 which is making a lower low from breakout, and breaking uptrend support line.I'm re-evaluating this as it goes. Breaking $25.00 will be even more bullish IMO, and I might add to the position. After that a trailing stop would be introduced on any significant breakdowns, just depends on how the stock behaves. Watching POG chart as well for breakdowns to influence this.
Re: Ascending vs Descending - In Real Time
Yes, I'd call $27.00 ish target, possibly $27.50 ($20.50 low to $24.00 = $3.50 potential), which is all time high as well, and I'd expect resistance there. Stop on EOD close below $22.50 which is making a lower low from breakout, and breaking uptrend support line.
I'm re-evaluating this as it goes. Breaking $25.00 will be even more bullish IMO, and I might add to the position. After that a trailing stop would be introduced on any significant breakdowns, just depends on how the stock behaves. Watching POG chart as well for breakdowns to influence this.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
