We had a great bull flag setup going into the earnings. Now the target got hit, will be watching for a retracement into early Feb and another push higher into Feb OPEX
Nothing bearish here to even try taking a short trade. There is still one more gap to close above the price, should be hit first before reversal starts.
Also the price might just consolidate/correct in time and push above to a new high. Any shorting should have solid stops
The Traders Room is a Forum Based Trading and Analysis Platform for Frequent/Swing Traders and Long-Term Investors in Different Markets such as Futures, Stocks, Indexes, Metals, Commodities, Forex & Crypto to discuss strategies and share knowledge.
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.