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$SSP Low volume on Wave 2, momentum risingFirstly, on the line chart is possible to watch the possible targets - blue lines - which one of it is almost as the same level as 2,618. Fibonacci measured from the breakout to monthly resistance. res M = monthly resistance During the Wave 2, the two candles from last two days showed low volume as usual to happen during formation of W2, and it is possible to see that price at the breakout and after it was above average which can be read as high interest from buyers. Confirming the volume, the EFI even though is decreasing still show strength,OBV follow the price trend but looks like buyers are entering again. When it comes to momentum is possible to see that RSI did not crossed the equilibrium even after two bearish days, as ROC being a leading indicator which already changed direction . ADX is showing some strength for the trend direction confirmed by as DMI+ is still above DMI- DTC = 1,36
NASDAQ:SSPLong
by AFCapital21
$OBLG #OBLG BUY ALERT FOAT IS LOCKED, $17.6+ then $60+ INCOMING!NASDAQ:OBLG #OBLG NASDAQ:OBLG My name is Landon Wogalter & this is the next NYSE:GME #GME NYSE:GME / NYSE:HKD #HKD NYSE:HKD type move, I am also the reason that NASDAQ:CHSN #CHSN NASDAQ:CHSN went to $44 that I called & locked the float from <1.80 & called for $30+, & even emailed the company in August 24’ stating that their stock would see $30+. Oblong price targets are as follows: 17.6+ , 60+, 150+, 2900 past 404< #FLOAT IS #LOCKED THERE IS NO OTHER SET UPS LIKE THIS ON THE MARKET AND NEVER HAS BEEN. #ZERO #DEBT OBLG wants #parabolic (This is not promotion nor/or financial advice😘) I’m your daddy forever & ever.
NASDAQ:OBLGLong
by BottomedStocks
4
Penguin Solutions, Inc. (PENG) Reports Q2 Financial Fiscal ResulPenguin Solutions, Inc. (NASDAQ: NASDAQ:PENG ) today reported financial results for the second quarter of fiscal 2025 and announced the planned retirement of Chief Operating Officer (“COO”) and President of Integrated Memory Jack Pacheco. Second Quarter Fiscal 2025 Highlights Net sales of $366 million, up 28.3% versus the year-ago quarter GAAP gross margin of 28.6%, down 20 basis points versus the year-ago quarter Non-GAAP gross margin of 30.8%, down 70 basis points versus the year-ago quarter GAAP diluted EPS of $0.09 versus $(0.26) in the year-ago quarter Non-GAAP diluted EPS of $0.52 versus $0.27 in the year-ago quarter “We are pleased with the progress we are making in fiscal year 2025,” said Mark Adams, Chief Executive Officer (“CEO”) of Penguin Solutions. “Our results reinforce our capabilities in managing the complexity of AI for our valued customers. Given our strong start to the fiscal year, we are raising the midpoint of our revenue outlook for the full year.” Despite the commendable results, shares of NASDAQ:PENG are down 5% today albeit the general crypto and stock market landscape are facing extreme selling pressures amidst Donald Trump's Tariffs war with over $1.65 trillion wiped out from US stock market at open today. The support point has already being broken with eyes set on the 1-month low as the support should selling pressure increased as there is more space for a cool off as hinted by the RSI at 40. Analyst Forecast According to 8 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price forecast is $24.75, which is an increase of 40.87% from the latest price.
NASDAQ:PENGLong
by DEXWireNews
The Bull Run 2025 has been triggered! Target $5.00 - $10.00Why I Proposed to NASDAQ:ANNX today? When will we get married? We all know the golden rule of trading penny stocks keep emotions out of it. Let logic dictate your moves, and don’t overdo the due diligence, because today’s small-cap darling can be tomorrow’s micro-cap disaster. But today, I took a big chunk of my gains from a penny stock account and decided to put a ring on $ANNX. This stock is like a tiny wildflower in a crowded field easy to overlook until you get up close with a magnifying glass. Let’s skip the poetry and get straight to the facts: 1. ANX005 – The Dark Horse in Neuromuscular Treatment ANX005 is a strong contender in the treatment of Guillain-Barré Syndrome (GBS) and muscle atrophy. The drug has shown better-than-expected results in Phase 3 trials, which is huge. Institutional investors and major banks seem to have caught the scent of a potential commercial breakthrough, given how far ANX005 has progressed toward FDA approval. 2. ANX007 – A Potential Game-Changer for Vision Loss The FDA has greenlit Phase 3 trials for ANX007, aimed at treating Geographic Atrophy (GA), a severe form of retinal degeneration. While final results are still pending, ANX007 is one of the few treatments at this advanced stage that protects and enhances vision without needing to shrink lesions. If it clears this hurdle, this could be a massive win in ophthalmology. 3. Cash Reserves > Market Cap – A Financial Fortress Here’s where things get really interesting ANNX’s total cash reserves exceed its market cap. With only $44M in R&D costs and $9M in operational expenses, ANNX stands out among biotech penny stocks, most of which burn through cash and constantly dilute shares just to survive. Unlike them, ANNX has enough runway to last at least 8 more quarters without raising additional capital. That means no dilution risk for the next two years a rare luxury in this space. 4. Smart Clinical Trials Strategy ANNX has prioritized international trials outside the U.S., particularly in Southwest and Southeast Asia, where costs are lower and patient enrollment is faster. While some skeptics may question data transparency, the strategy accelerates timelines and saves money. The FDA still approved ANX005 and ANX007 for their final stages, which speaks volumes about the trial results. 5. Commercial Potential – $600M Market Opportunity The U.S. market alone could support 5,000 patients annually, translating to a potential $600M revenue stream per year. This doesn’t even factor in international markets. Price Targets and Institutional Sentiment Despite ANNX’s strong fundamentals, risks remain biotech investing is never smooth sailing. That said, I’m rating NASDAQ:ANNX a Moderate Buy and holding for at least 3 months, expecting a run to $4.00 –$6.00 by Q3 2025 and potentially $7.50 - 10.00 during Christmas 2025. Meanwhile, big players like: Wells Fargo, JP Morgan, and Bank of America almost have the same consensus target of $14. Needham says $16, HC Wainwright is going full send with $20. Total 7 Strong Buy, 0 Hold or Sell. Bonus Tip: Follow the Options Flow Take a peek at NASDAQ:ANNX ’s options chain. The big dogs have been scooping up ITM and ATM call options aggressively a classic sign that they’re loading up for a serious move in the next six months. If you’re worried about macro risks like tariffs, economic slowdowns, or financial crises, hidden gems in biotech might just be a solid "cave". Beware short sellers, there are always sharks in the Pennystocks forums waiting for posts like this to trigger their greed. But, I bought the share by profit, target to long term, I don't mind the Daily chart, just look at Weekly and Monthly charts. Ready to DCA when ANNX drop to $1.00. Just cut loss whenever the really Bad-news is real and confirmed. Here’s hoping my wedding day arrives when NASDAQ:ANNX hits $10.00. (Disclaimer: ChatGPT helped me research and write this article, as Biotech is not my primary field. This is just my personal analysis. Not financial advice at all. Trade responsibly.)
NASDAQ:ANNXLong
by ChungKhoanMy
Penny Stocks vs Forex: Advantages and ChallengesPenny Stocks vs Forex: Advantages and Challenges Penny stocks and forex trading offer potential opportunities and challenges, appealing to traders with different goals and risk tolerances. This article explores how the speculative nature of penny stocks compares to the dynamic forex market, examining their key characteristics, risks, and potential rewards. Understanding Forex Trading Forex trading involves the exchange of currencies in a global, decentralised market. What Is Forex Trading? You already know what the forex market is. However, to make our article comprehensive, we should mention its unique characteristics. Forex, or foreign exchange trading, is the process of buying and selling currency pairs to take advantage of changes in their relative values. It is the largest financial market in the world, with an average daily trading volume exceeding $7 trillion (as of April 2022). Unlike traditional stock markets, forex operates without a central exchange and functions 24 hours a day, five days a week, allowing traders from different time zones to participate. Currencies are traded in pairs, such as EUR/USD or GBP/USD, where the value of one currency is quoted relative to another. Traders aim to take advantage of the market by speculating whether a currency pair's value will rise or fall based on market movements. Where Are Currencies Traded? Forex trading occurs in the over-the-counter (OTC) market, facilitated by a global network of banks, financial institutions, and individual traders. Trading takes place in three primary sessions: the Asian, European, and North American, ensuring a nearly continuous market. The primary platforms for forex trading are electronic trading networks and broker-provided software. Retail traders often access the market through brokers offering leverage, enabling them to control larger positions with smaller capital. While leverage amplifies potential gains, it also increases the risk of significant losses. Major Driving Factors and Risks Forex prices are influenced by several key factors, including economic indicators, geopolitical events, and central bank policies. Economic reports like GDP growth, unemployment rates, and inflation can cause significant price swings. For instance, a strong employment report might boost the value of a country's currency, while political instability could weaken it. Geopolitical events such as elections or conflicts can also lead to sudden volatility, making it difficult to analyse price movements. Central banks play a critical role, as interest rate changes or monetary policy shifts can strengthen or weaken a currency's appeal to investors. The forex market is known for its liquidity, especially in major currency pairs like EUR/USD and GBP/USD. However, high liquidity does not eliminate risks. Forex trading involves exposure to leverage, meaning even small market movements can result in significant losses. Additionally, global economic uncertainty can create tricky market conditions, requiring traders to exercise caution and implement sound risk management strategies. Understanding Penny Stocks While looking for their best penny stocks to purchase, traders approach this segment with a balanced perspective and conduct thorough research. What Is a Penny Stock? The penny stock definition refers to shares of small-cap companies trading at a low price, typically below $5 per share. They distinguish themselves from larger stocks by their market capitalisation, which is usually below $250 or $300 million. Penny stocks today could be found in industries characterised by small, emerging enterprises, such as technology, biotechnology, renewable energy, mining, and pharmaceuticals, where companies seek capital investment to fund early-stage development and growth initiatives. Penny stocks are often associated with the term "Pink Sheets'', which originated from the practice of displaying price quotes for stocks traded over the counter on pink-coloured sheets of paper. Where Are Penny Stocks Traded? Like currency pairs, penny stocks can be found in the over-the-counter (OTC) market, which serves as a decentralised space where securities are traded directly by a network of market participants. It’s unlikely you will find them on large stock exchanges; however, there are exceptions. As companies traded in the OTC market are subject to less strict reporting requirements, it’s vital to be careful when choosing a platform for penny stock trading and investing. The requirements for filing financial information to regulatory authorities play a crucial role in choosing a trading platform. Marketplaces such as OTCQX, within the OTC Market Group, attract companies committed to transparency and stringent disclosure standards. In contrast, the Pink market, which also operates within the OTC Market Group, is a less regulated tier, allowing securities to trade while complying with few financial standards. Major Driving Factors and Risks Penny stocks are highly sensitive to perceived opportunities for quick and substantial returns. Associated with small, less-established companies, for which financial data is often scarce, penny stock prices may surge unexpectedly on news about the company's progress, such as product launches, partnerships, and financial results. Another significant consideration in penny stock trading is dilution. The number of outstanding shares may escalate due to mechanisms like employee stock options, share issuance for capital raising, and stock splits. When a company issues shares to secure capital, a common necessity for small enterprises, it often leads to a dilution of ownership percentages held by existing investors, which exerts downward pressure on the share price. How Do Penny Stocks Compare to Forex? Below, we discuss various aspects in which penny stocks and forex trading can be compared. Risk Level Penny stocks carry risks, primarily due to their potentially higher volatility, lower liquidity, and less availability of financial information. Prices can experience sharp fluctuations, particularly in the most volatile penny stocks often influenced by speculative trading or news events related to the issuing company. Penny stocks are usually less regulated than large-caps, which makes thorough research essential for investors and traders aiming to capitalise on price swings in these markets. As with any financial market, the forex market presents risks. Currency fluctuations, driven by factors such as interest rates, inflation, and economic data releases, can lead to rapid market movements. Geopolitical events, including elections or conflicts, can further amplify volatility. Additionally, forex trading often involves leverage, which allows traders to control larger positions with relatively small capital. While this magnifies potential returns, it also increases the risk of substantial losses, making risk management critical in forex trading. Potential Opportunities Due to their low share prices, penny stocks could offer potentially high returns if the market moves favourably. Emerging companies in this segment often attract attention after announcing major developments, such as product launches or partnerships, creating conditions for sharp price increases. However, this also makes them high-risk assets. Even the best low-price stocks don’t guarantee future growth, and the lack of historical performance data for many small-cap companies can make analysis challenging. Thorough research and careful asset selection are essential to navigate these penny stocks. Forex trading also presents potential opportunities, primarily through significant fluctuations in currency values. Major currency pairs usually experience high liquidity, which could enable traders to enter and exit positions efficiently. Leverage enhances the potential for returns by allowing traders to control larger positions with smaller capital, but also equally magnifies the risk of losses. Liquidity Penny stocks often face challenges related to liquidity, as their lower market capitalisation can result in fewer buyers and sellers. Major currency pairs, on the other hand, are known for their high liquidity, given the vast number of participants involved, including major financial institutions and central banks. Contrasting liquidity in penny stocks with forex emphasises the different trading environments and potential impact on trade execution when defining your best way to trade penny stocks and currency pairs. Accessibility and Learning Curve Penny stocks are often seen as an accessible option for investors due to their low cost, allowing individuals to start trading with a minimal investment. However, for traders seeking the best penny stocks to invest in 2024 or any other year, a combination of research and careful market analysis is critical to mitigate risks potentially. Limited availability of information can make the learning curve steep, requiring diligence in research to avoid potential pitfalls. Forex trading offers unparalleled accessibility, as the market operates 24/5 and allows traders to enter with relatively low capital through leverage (please remember about increased risks caused by leverage). However, while forex provides abundant educational resources and tools, understanding the complexities of global economic indicators, currency correlations, and leverage management presents a challenging learning curve that demands continuous effort and skill development. Key Considerations for Traders Navigating penny stocks or forex trading requires a clear understanding of various factors that impact decision-making and performance. Below are some key considerations for traders in these markets. Risk Tolerance and Goals Every trader should evaluate their risk tolerance and align it with their goals. Penny stocks are highly speculative and popular among those with a higher risk appetite and a willingness to accept volatility. Forex trading, with its leveraged positions and fast-paced environment, demands similar self-assessment. Traders should clearly define their objectives and choose their strategies accordingly. Time Commitment and Market Knowledge Trading in either market requires a significant investment of time and effort to build knowledge and expertise. Penny stock traders should sift through limited financial data and monitor company developments closely. Forex traders need to stay informed about global economic trends, geopolitical events, and currency movements. Both markets demand continuous learning to refine strategies and adapt to changing conditions. Costs and Fees Understanding trading costs is essential. Penny stock transactions often come with higher broker fees, particularly in over-the-counter (OTC) markets, which can eat into potential returns. Similarly, forex traders face costs such as spreads, commissions, and overnight swap fees for holding positions. Comparing platforms and selecting one with competitive rates is vital. At FXOpen, you can trade currency pairs with spreads from 0.0 pips and low commissions from $1.50. Importance of Diversification and Education Diversification may help potentially mitigate risk by spreading investments across multiple assets or markets. In penny stocks, this may involve selecting shares from various industries, while forex traders could trade a mix of major, minor, and exotic currency pairs. Additionally, both types of traders take advantage of ongoing education. Accessing resources like webinars, articles, and demo accounts can deepen understanding and potentially improve performance. Emotional Discipline Emotions can cloud judgment, leading to impulsive decisions. Traders should develop emotional discipline to stay consistent with their strategies, especially during periods of potential loss or high volatility. Establishing rules for entry, exit, and position sizing—and sticking to them—helps maintain objectivity and control. Conclusion Forex and penny stock markets share similarities, but they differ significantly in their market structures, liquidity, and goals. Traders should weigh all the relevant factors to navigate these distinct markets. Penny stocks and forex aren’t the only options for trading. You can open an FXOpen account and apply your trading strategies to over 700 markets. Enjoy tight spreads from 0.0 pips and low commissions from $1.50. FAQ What Are Penny Stocks? The penny stock meaning refers to shares of small-cap companies that typically trade at less than $5 per share. These stocks are often associated with emerging or niche industries and are traded in over-the-counter (OTC) markets or less frequently on major exchanges. How Do Penny Stocks Work? Penny stocks are bought and sold like any other stock, but they often trade in lower volumes and with less transparency. Investors may aim to take advantage of price fluctuations driven by company news or market speculation. What Is Penny Stock Trading? Penny stock trading involves buying and selling low-priced stocks in an effort to capitalise on their volatility. This type of trading requires thorough research due to limited financial data and high risks. What Is the Penny Stock Rule? The penny stock rules, established by the SEC, require brokers to disclose the risks of trading penny stocks and verify that trades are suitable for investors. This rule may help protect traders from potential fraud. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:ATAIEducation
by FXOpen
1
Invest in the Company, Not Just the ProductPenny stocks—tempting, right? They grab attention with buzzworthy claims, seemingly overnight potential, and a tantalizing low price point. But most penny stocks ended up where they are for a reason, and when there’s hype surrounding one, it’s often a last-ditch effort to revive the company. It’s easy to get swept up in the noise. Picture this: You’re sipping your morning coffee (or maybe a mimosa—it’s New Year’s Day after all). You’re optimistic about the year ahead, a little flush with extra cash after the holidays, wondering whether to buy something indulgent or keep it in the bank. As you scroll through your social media feed, you see it: a blurb about a penny stock that’s supposedly the “next big thing” for 2025. Suddenly, your plans shift. Investing seems like the responsible path, but you’re not just aiming for small yields—you’re dreaming of hitting it big. Next year, you could proudly say, “I got in when it was $3!” Sound familiar? Let’s talk about this. Recently, someone asked me about a penny stock, Nutriband Inc. (NTRB). It’s trading at $4.68, with buzz around its development of an abuse-deterrent to fentanyl—an important issue, no doubt. The company is reportedly trying to fast-track approval by the end of 2025. My advice? Approach this like any other penny stock: with careful research and diversification. Start with the Basics: Research the Company When it comes to penny stocks—or any stock for that matter—the product might be flashy, but you’re investing in the company. Let that sink in. The company. Not just what they’re selling. Begin by pulling up a chart of the stock. For NTRB, you’ll see it opened in 2018 around $5. By June of that year, it had hit $45.52, but what followed? A steady decline, punctuated by fleeting rebounds, until it hit the floor in 2021. This tells a story, but to truly understand it, you need to ask the five W’s: Who started the company? What is it really about? When did it launch? Where was it founded? Why was it created? These are foundational questions that provide context for whether the company is worth your investment. This information is often easy to find, and once you answer these questions, you can begin examining the stock’s key moments. Look at the peaks and troughs on the chart—each represents a turning point. What drove those changes? Did the company pivot from its original mission? Is the product they’re developing today aligned with their past trajectory, or is it a complete departure? Never assume; always verify. Without this context, how can you trust the claims behind their product? Research the company thoroughly—it’s time-consuming, yes, but essential. And the more you do it, the quicker you’ll recognize the signs. The Big Question: Who Else? Here’s the fun part: after you’ve done the deep dive, ask yourself, “Who else is doing this?” Nutriband may not be the only small company working on an abuse-deterrent for fentanyl. In fact, they likely aren’t. And while you might hesitate to invest in a bigger company, consider this: larger companies often have stronger foundations, better resources, and established processes for navigating regulatory approvals. Their fundamentals may not carry the explosive growth potential of a penny stock, but they’re also less likely to collapse under pressure. Additionally, investigate the industry as a whole. What’s the approval process for a product like this? Are there target dates or industry-wide challenges that could delay progress? And most importantly, how does this fit into the broader landscape of healthcare or pharmaceuticals? These questions give you a clearer picture of whether the company’s vision is realistic—or just hype. Avoid the Trap of Hindsight Bias So, you’ve done all this research and realized you could’ve just pulled the trigger without it. Why bother, then? That’s hindsight bias talking. Falling into this mindset can lead to reckless decisions based on incomplete information. Research isn’t just about the trade you make today; it’s about building a disciplined approach to investing that serves you long-term. Don’t let the buzz or the surface-level appeal of a product override the need for due diligence. My Advice on Penny Stocks Rule number one: Don’t tell people how to spend their money—especially when it comes to gambling. That said, I was asked for my advice on NTRB, so here it is: Research thoroughly: Know the company, not just the product. Diversify: If I were to invest in penny stocks, I’d spread my investment across 3-5 of them. That way, even if 1 or 2 fail, you have a better chance of seeing returns. Play the odds: Penny stocks are inherently risky. Personally, I’d rather take that extra holiday cash, book a flight to Vegas, and put $1,000 on a roulette column or dozen. The odds are similar, but the outcome is immediate, and if you win, you triple your money in seconds. If penny stocks are your thing, be smart about it. Don’t fall for the hype. And if you’re not confident in your ability to evaluate the company behind the product, maybe it’s time to rethink whether this is the right investment for you. -Bob Cavin 3
NASDAQ:NTRB
by bcavin
HOVR: Trading Sub-$1 NASDAQ Stocks (Fight Delisting Risk)Objective: Profit from the volatility and potential rebounds of stocks priced below $1, often referred to as "penny stocks," while managing delisting risk. Delisting Pressure Stocks trading below $1 for extended periods risk NASDAQ delisting. Companies often act to boost stock price through: Positive news announcements. Mergers, buybacks, or reverse stock splits. Even small price moves (e.g., $0.20-$0.30) can result in significant percentage gains. Liquidity Stick to sub-$1 stocks with sufficient volume (at least 1M shares/day) to avoid illiquid trades. Diversify Spread risk by trading multiple setups instead of concentrating capital in one position. Applying the Strategy to HOVR Situation: HOVR is trading below $1 on NASDAQ. Company faces potential delisting pressure but shows technical signs of a rebound. Entry: Entered using a buy stop order around $0.48 Stop Loss: Set at $0.30 to limit downside risk. Take Profit: Target $1 or higher, psychological resistance. This strategy capitalizes on the technical and fundamental nuances of sub-$1 stocks while adhering to disciplined risk management.
NASDAQ:HOVRLong
by MESHANL
$CHSN Short signal (my trading dairy)I will short trade NASDAQ:CHSN today if it started to rise after open, here is my reason: 1. Market maker sold out: the price reached the resistance level from previous high with high volumes, which means half shares of the market cap has already sold. personally, i think those sold shares belong to the market maker. 2.Negative news: SEC has ordered a suspension of trading in the company's securities on Oct 9, 2024 due to price manipulation activities. 3.Huge remained short volume Compared to the volume and daily short volume of Oct 4th, Oct 7th, and Oct 22th, we could discover there is huge remained short volume. Therefore I will short trade it tonight if it follow my expectation.
NASDAQ:CHSNShort
by xugina78
IDBI Bank-Short term-Penny Stock- Acceleration required!! 09.08.2024 Buy 98 Target 144 Stoploss 74 Risk-reward- 01:02 Holding time: 3-6 Months 1. Inside candle breakout with good support from RSI 2. Now price has reached 10 year old level. 3, Price reclaimed from 50% Fibonacci 4. Volumes are very good in upward movement and decreased volumes during retracement. 5. Price rejected at resistance turned support zone also crossed 21 EMA 6. Price is under consolidation from 6 months in same zone 7. Fundamentals are very good. NSE:IDBI
NSE:IDBILong
by Swinging_Inside_the_BAR
IDBI Bank-Short term-Penny Stock- Acceleration required!! 09.08.2024 Buy 98 Target 144 Stoploss 74 Risk-reward- 01:02 Holding time: 3-6 Months 1. Inside candle breakout with good support from RSI 2. Now price has reached 10 year old level. 3, Price reclaimed from 50% Fibonacci 4. Volumes are very good in upward movement and decreased volumes during retracement. 5. Price rejected at resistance turned support zone also crossed 21 EMA 6. Price is under consolidation from 6 months in same zone 7. Fundamentals are very good. NSE:IDBI
NSE:IDBILong
by Swinging_Inside_the_BAR
BBAI may move higher from deeply oversold LONGBBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart which is acting as resistance. the RSI lines are in the 30s-40s showing the price weakness. A predictive forecasting algo from Luxalgo suggests move up. I will buy this weakness on the prospect things will improve. I will take a long trade with tiered targets on the chart. partial closures of 25% , 50 and 25% respectively with the targets shown on the chart. The stop loss is 2.00 just below the current price. The entry will be a limit order / buy stop set for 2.5 It is selected as a POC line crossover on the volume profile. The trade is to be managed with partial closures directed by alerts and notifications as well as a trailing stop loss of 5% once the price gain has reached 10-15%. This minimizes effort and screen time so that they can be spread across a wider variety of trades.
NYSE:BBAILong
by AwesomeAvani
7