The stock is heavily oversold on daily and trying to show reversal off the 35.00 level.
The stock is opening above important past resistance at 40.00 and showing the strength holding above 41.00
Looking for supports at 41.50, 41.00, and resistance at 42.00, 43.00. First resistance is not giving enough potential and I shouldn't start covering near this level. Also, should have left a larger position for a bigger swing. Retest S at 42.00 was a good opportunity to add size.
setup: B
entries: A
exits: D
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!