$SONO - Stage 2A breakout on massive volume
$SONO follows through following earnings with a weekly Stage 2A gap breakout on massive volume today (+7000% above average so far), and RS at a new 52 week high above a rising zero line.
At the stage analysis investor method entry point. But as an earnings gap, you would need to use buyable gap entry rules or fishhook for example, as gap ups make the stock too extended for the normal Stage Analysis method stop loss positions. So requires a much tighter stop loss under the gap up low with very tight risk management.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.