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work1411
11 avr. 2018 21:50

EYEG - swing idea momentum gap play Long

AB Corporate Bond ETFNASDAQ

Description

EYEG had news today so this helped the stock gain visibilty and momentum https://finance.yahoo.com/news/eyegate-issued-patent-iontophoretic-contact-123000189.html

RISK / REWARD swing idea and gap play

Analysis:
RSI is at 53 (not oversold) but is in the area of accumulation.
MACD is moving in positive area
Gap Zone hasn't been filled completely

Daytrade idea: over .45 (confirm volume, RSI and Money Flow index)

Swing Entry: .35-.39 near support or lows of the day candle (orange color)
Stop Loss: .3-5c below the support line (red color)

Price target is the Green Color which is the resistance zone (I would take some profits and move my stop loss)
Purple Color is resistance and GAP zone area.

Good Luck and remember to honor your stops.

Trade fermée: ordre d’arrêt atteint

4/13 - EYEG announced offering so it has gapped down.
Plus