A cup noticed on the daily chart from Dec27 to Jun22. A handle follows from Jun22 to Jul05 then the breakout on Jul06 above $30. Considering the depth of the cup (about $10), the target price is $40 and the stop loss price should be $25. There is no typical rule telling us when the target price would be reached; SFIX is a young stock but we have two occurrences of a run of $10:
• From Dec19 to Dec27 in 5 sessions;
• From Jun05 to Jun20 in 12 sessions.
Therefore, SFIX might reach $40 by Aug03; However, SFIX just have monthly options so one might consider Aug18 $40 calls.
• From Dec19 to Dec27 in 5 sessions;
• From Jun05 to Jun20 in 12 sessions.
Therefore, SFIX might reach $40 by Aug03; However, SFIX just have monthly options so one might consider Aug18 $40 calls.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.