Trend - Bullish
Indicator - 52 Week High
Chart - Weekly
Strategy - I do consider this a risky trade as current market conditions could impact stocks like this greatly. I will go long on Monday open and ride it out. If markets turn sharp I will exit at at 26 week low on the weekly chart.
Time Frame- Using weekly charts will cause your capital to be tied up for potentially a year.
Indicator - 52 Week High
Chart - Weekly
Strategy - I do consider this a risky trade as current market conditions could impact stocks like this greatly. I will go long on Monday open and ride it out. If markets turn sharp I will exit at at 26 week low on the weekly chart.
Time Frame- Using weekly charts will cause your capital to be tied up for potentially a year.