Just entering the Ichimoku cloud. Higher highs, higher lows. Nice consolidation and low volatility over last 4 weeks, ideal would be 6 weeks. Also has a short-term moving average crossover which is positive as well as a 1.67% slope to the 20 ema over last few trading days. I have a 0.2% capital risk entry @ 9.56 with a stop loss of $8.82. Will trail with a 10 ema stop if it remains buoyant. Fundamentally it has a Charles Schwab Equity Rating of A as of 02/01/2019. Earnings approaching within 3 weeks presents more risk. I will hold thru earnings d/t small exposure i.e. small share size.
Also recommend $SVMK, and $DS, all with buy signals from yesterday.
Also recommend $SVMK, and $DS, all with buy signals from yesterday.
评论:
Moving protective stop up to $9.78. I prefer to keep tighter stops d/t volatility in market. Would even consider today's low as a stop if you like. We are due for a pullback in the IWM, but trading for price as always..