This stock is one that follows the technical signals like a charm and as you will see in the video, there is a long stretch of red candles, known as a stale red light. This simply means that we are long overdue for a green candle. I would recommend you buy half the position today and wait until tomorrow to buy the other half. This puts you in a win-win position because if the stock drops again tomorrow, but stays over the support level, you will wind up with a cheaper position. However, if the stock starts to rally tomorrow, you are scaling up the position on strength. I hope you are liking this service because I am having a blast delivering this content to you. Happy Trading.
Below is a link to the video.
I’ve also attached a PDF file that outlines more of the details for this trade, including the risk management plan.
