1) Tight price action right below $7.20 resistance level (Positive)
2) Huge up volume on earnings with unfilled gap (Positive)
3) One negative to this setup is the overhead resistance @ around $8.25 which is about 13% above resistance line (Negative)
On the watchlist but not my 1st choice trade because of that overhead resistance.
2) Huge up volume on earnings with unfilled gap (Positive)
3) One negative to this setup is the overhead resistance @ around $8.25 which is about 13% above resistance line (Negative)
On the watchlist but not my 1st choice trade because of that overhead resistance.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot