Looking for a nice long off of reliable levels.
Looking at the weekly chart, you will see this is a fantastic opportunity to get into this stock there as well. Due to the weekly clear picture, you're able to utilise very tight stop loss, with my target high giving me over a 15.78 Risk reward ratio, but more likely, the lower target is more realistic for the short term, giving me a 6.48 risk reward (Approx)
Regards
Tom
Looking at the weekly chart, you will see this is a fantastic opportunity to get into this stock there as well. Due to the weekly clear picture, you're able to utilise very tight stop loss, with my target high giving me over a 15.78 Risk reward ratio, but more likely, the lower target is more realistic for the short term, giving me a 6.48 risk reward (Approx)
Regards
Tom