It looks like 
GME is ready to break out from this range it was coiling in and massively rally towards $2360 per share by late August.
I'd give this a 65% probability of happening, vs risk of losing 30% if it fails to rally. That's a 33 to 1 reward to risk which makes the trade totally worth it.
Try not to risk over 5% in the position if you take it, in my case I'm buying 3.3% to risk 1% if wrong. That's enough for my risk appetite.
Cheers,
Ivan Labrie.
GME is ready to break out from this range it was coiling in and massively rally towards $2360 per share by late August.I'd give this a 65% probability of happening, vs risk of losing 30% if it fails to rally. That's a 33 to 1 reward to risk which makes the trade totally worth it.
Try not to risk over 5% in the position if you take it, in my case I'm buying 3.3% to risk 1% if wrong. That's enough for my risk appetite.
Cheers,
Ivan Labrie.
Trade chiuso manualmente
I'm skeptical of the meme stocks moving further here...I'm out personally.Focusing on other names for the time being. Was a decent gain quickly anyways.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.