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RMBS - Entry, Volume, Target, Stop

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Rambus, Inc. (NASDAQ:RMBS)  
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NASDAQ:RMBS   Rambus, Inc.
Supply and Demand Pivot Points Fibonacci
0
0
supplyanddemand pivotpoints fibonacci
Enter when price clears 51.88
With daily volume greater than 1.19M
Target: 56.50 area
Depending on your risk tolerance: 50.34 gets you 3/1 Risk/Reward
Comentarios:
Earnings tomorrow could make or break this, but the pullback was much deeper than I anticipated, a drop below 43.19 would negate this trade for me.
Orden cancelada:
Risk / Reward too far out of whack for me, I'm taking this one off my watch list for now.
Comentarios:
I did eventually enter this trade when it reversed after earnings. I closed it out today and took profit. Not trading advice, others are better at me at letting winners run, but I had a small position and with long weekend and US Gov't right now, I felt good about taking my money off the table.
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