RAMP may well ramp up here. They had nice earnings beat with a Power Earnings Gap (PEG) and now some nice consolidation. I have placed an alert just over yesterday’s high. Should it trigger, I will look to a lower timeframe for a good risk reward entry. I like these kinds of set-ups as the risk can be clearly defined. So, if the trade does not workout I will get stopped out for a small loss.
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Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
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Nice pop this morning here. 1/4 size position, stop below yesterday's low. I'll look to add on confirmation of this breakout.