Have traded this name and have been keeping a close eye since the PEG. It is currently acting exactly as I wanted it to holding the following criteria. 1) Above AVWAP 2) Declining ATR 3) Buyers stepping in at EMA 4) Along with ATR - volume drying up
We are also currently trading in somewhat of a range as indicated from the higher of the PEG and the low it put in 4 days after.
Personally I am waiting for a pullback in the market before I buy anything since I think the market is a little extended and the current environment in 2021 has been whippy I am not trusting any setup until the IWO / IWM breaks out.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.