TaPlot

$CFLT Cheat Shelf Setup

Long
NASDAQ:CFLT   Confluent, Inc.
$CFLT broke out of its 1st week IPO high $58 in September & pullback w/ successful test of that level early this month.
Its building a nice cheat shelf. If you buy the BO on Monday, you are forced to use a Max 8% stop below Friday's low.
Ideally, I want to see inside day Monday to gives us a way to anchor around a lower stop less risk entry of 6% or less.

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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