This stock popped up from my finviz screening session and one of the most traded stocks today under $5. RSI Stoch indicates that this is already oversold. Chart also presents a good shooting star SOR from the consecutive red candles. MAs are in good arrangement (i.e., 15 over 21 over 50 MA) with no entanglement yet. News supporting a possible uptrend is also present which is related to the signing of a football star to Dallas Team. Plotted my entry price in blue, cutloss in red and target prices in green. Target prices are good exercise for Darvas box once it breaks the lowest TP. I'll appreciate any input on this analysis. Thanks!
Trade geschlossen: Ziel wurde erreicht:
3.59 reached today. Sold 1/2 of port at TP. remaining port TP should be decided tomorrow. If it rallies upward, will sell at 4.12!