Gameplan:
Entry: $32.28 Above Figure
Stop: $31.19 Below Figure
Target: $40 Phycological Figure
Setup: Bull Flag
Key Levels: $31.50, $32, $35, $40
I really like this setup because it has technical formation and it has been consolidating for a decent amount of time making it ready to push past previous all-time highs and to hold the $32 area. Another reason I this setup is because of the risk reward, it is set a solid stop located below the recent pivot and has room to push to create new highs in the name.
Entry: $32.28 Above Figure
Stop: $31.19 Below Figure
Target: $40 Phycological Figure
Setup: Bull Flag
Key Levels: $31.50, $32, $35, $40
I really like this setup because it has technical formation and it has been consolidating for a decent amount of time making it ready to push past previous all-time highs and to hold the $32 area. Another reason I this setup is because of the risk reward, it is set a solid stop located below the recent pivot and has room to push to create new highs in the name.