emehoke

CHKP. Perfect up-trending price action.

Long
NASDAQ:CHKP   Check Point Software Technologies Ltd.
If this doesn't work I will make me feel like an idiot.

I spent a lot longer on the scanner than usual trying to find a "perfect" setup, and I finally came across this picture perfect up trending action.

The chart as a whole is not great up trending overall, but this recent action is enough to fool me. This to me looks like the chart is saying buy buy buy. If that's not the case, I will need it taught out of me.

The red candle definitely is giving me hesitancy, but if we start to see some green closes I could be tempted to load the boat.
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