IOT Continues to power higher after earnings gap (PEG). Friday it broke above the 30 Week MA and today it’s over the 40 Week MA. I have a small position that I’ll continue to build out over the next few days if it holds, although a little rest would not be bad either. My first price target is the $17 area. See Chart for notations. Ideas, not investing / trading advice.
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I closed this this morning with a $0.49 profit. This wasn't holding in an otherwise strong market. Back to the watchlist.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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