IF it's bullish, here are your upper price targets.
Sharp trends leading down into a STRONG area of support.
All of which is timing out into earnings.
I would say, if the stock is in the buy zone pre earnings, it's probably a pretty solid buy where a chance of a successful trade suddenly shifts heavily in your favor.
I tried to label everything best I could on the chart.
Be careful, as I think whatever bullish move is coming, will retrace.
Sell trend is likely your exit.
Risk increases as price targets increase.
Good luck!!
ノート
both trends are still relevant and same with the price targets, however, 4.53 might get quickly skipped over and then reject trend, which at that point it should start to probably stabilize or correct around the 4.53 price target.
ノート
this chart is done, you'll likely want a new one to follow.
trends still can work, but I'm sure more are forming.
That was a pretty big move to the upside and we hit the buy zone decently, but timing was off, and if you held too long, gains are gone.
Good news, it can move higher.
Bad news, it can get way lower when EV sectors start to tank.
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