Liking the look of SI here. Post earning positive reactions at ATH. A hold above the box and breakout is what I'm looking for. Trade dead if price falls back below the box. Targets = ATH and then fib extensions.
Note
Trade active. Will take some off at ATH 185/186.Note
T1 hit... Second order set for 205Note
Given the velocity of the move I will trim again at 198 and then 205. Trailing stops now.Note
Tapped 198 on the open but I didn't get filled. Still looks strong. 9.6% short float so this could really go so I have raised my target price to 205 again then 232.Note
205 hit. Still targeting 232 for the last bit.Note
FYI Stops are at breakeven now to protect against downside move from FOMC.Note
Out for now but watching for a continuation break above 233.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.