Idea : Getting ready to breakout?
It seems big money is entering Idea. Look at the last few candles volume.
Volume keeps increasing with price. Good sign but, this has stock has been ultimate trap for retailers for a long time, so proceed with caution.
Exit as soon as small targets achieved. You can always enter again at higher price. If this breaks out it might break out really big.
SL - 12
Target 1 - 20
Target 2 - 28
Still, this has been tricky stock. So I will proceed with caution.
Volume keeps increasing with price. Good sign but, this has stock has been ultimate trap for retailers for a long time, so proceed with caution.
Exit as soon as small targets achieved. You can always enter again at higher price. If this breaks out it might break out really big.
SL - 12
Target 1 - 20
Target 2 - 28
Still, this has been tricky stock. So I will proceed with caution.
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