they reported some block buster car deliveries and I think wall street will be delighted tomorrow
Watch pre market gapping and gaining, and then a flood of buying to open the market at 9:30 and break 50$ resistance.
a 50$ break up is an very bullish reaction to this triangle consolidation, expect the euphoria to run all week
I think I will start a buy-stop order at 50$ to get filled (hopefully because I suspect it will just gap up tomorrow) with a SL just under at 49ish as I believe the bullish momentum will be so strong that we really rocket off that 50$ level
Will do 400-500 shares, at a 2$ stop loss that's about a 800-1000$ loss if it gets hit, representing less than 1% of account value
Watch pre market gapping and gaining, and then a flood of buying to open the market at 9:30 and break 50$ resistance.
a 50$ break up is an very bullish reaction to this triangle consolidation, expect the euphoria to run all week
I think I will start a buy-stop order at 50$ to get filled (hopefully because I suspect it will just gap up tomorrow) with a SL just under at 49ish as I believe the bullish momentum will be so strong that we really rocket off that 50$ level
Will do 400-500 shares, at a 2$ stop loss that's about a 800-1000$ loss if it gets hit, representing less than 1% of account value