I bought this stock a few weeks back waiting for a break out. Finally happened and now it is pulling back to test the broken upper vertex. I'm not adding, I already have a good position here. But It is a good time to jump in. The company already had its earnings call and was good. The $22 zone is a strong support so if for some reason the price is pulled back to that support zone I would add.
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Well, it reached the demand zone. Wait for a buy signal to add:
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Price is trading now in the demand zone.. Check what happened in similar situations. No price action yet, but you can start with a small position and SL at 21:
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Double bottom at the demand zone? Wil be confirmed if it breaks out the 23.2 resistance: