Looks like it is about to break out and go above 50 DMA. The plan is to buy the breakout, and target $5 to $10 gain a share in about 2 weeks. Set a stop around $14.50 and be comfortable with about $2 loss a share if the trade did not go as expected. Overall feeling is the trade is favorable once breaking out, as MACD is above 0 and RSI is above 50.
Komentar:
Performed well but moved a bit slower than I had expected. Not sure how high it can go but no longer care as I sold in Feb as it reached my price target.