iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

New Long

I bought $EYES @ 13.42, stop under 13. I love the risk reward setup here, with a stop under the 50 day moving average. The stock is flagging out on the 20 day, which represents a pattern ripe for an explosive move.

Here’s a look at the daily chart with the Slow Stochastic just about ready to cross over, which gives the buy signal. The trade is easy to manage here.

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