I have been watching lots of strong growth IPOs and thus have missed these beautiful $SKIN entries. A big impulsive move form $21 to $28, then pulled back to $23.77
Big candle to the 25% projection (which should be initial entry if you are aggressive) then coming back to 12.5% projection 3 times. with wicks!
It is a bit late for my taste to enter now. However I would watch if $SKIN can break the 50% projection and come back to the 25% level, with a wick hopefully, for a lower risk entry.
Overall, the weekly chart looks extremely strong. Can be a runner if it keeps making strong bases.
Big candle to the 25% projection (which should be initial entry if you are aggressive) then coming back to 12.5% projection 3 times. with wicks!
It is a bit late for my taste to enter now. However I would watch if $SKIN can break the 50% projection and come back to the 25% level, with a wick hopefully, for a lower risk entry.
Overall, the weekly chart looks extremely strong. Can be a runner if it keeps making strong bases.
