Could be a good long or swing trade.
I am seeing a nice level of support.
My stop loss: 9.90
take profit: 11.90
Depending on how long it takes to move up, I may take profits sooner, or hold longer.
Stop loss is always essential in swing trading, for me anyways.
I dont expect it to fall below support, but I do see it potentially taking some time to move. Volume is average, MACD is promising.
I am seeing a nice level of support.
My stop loss: 9.90
take profit: 11.90
Depending on how long it takes to move up, I may take profits sooner, or hold longer.
Stop loss is always essential in swing trading, for me anyways.
I dont expect it to fall below support, but I do see it potentially taking some time to move. Volume is average, MACD is promising.