PROG | Informative

$NASDAQ:PROG
Adjust your position for day-trading based on hourly key-levels and S/R, for swing trading based on daily S/R.
I see two different scenarios for Monday.
Bullish scenarios:
A- it will hit 2.80$ area in pre market and when market opens going to hit 3.30$ area and even 3.50$
B- It opens with gap up above 3.50$ and bypass the R1, then going up to hit 4$ as R2 and be rejected to 3.50$ area
Bearish Scenarios:
1- it holds the price in pre market even goes to 3.15$ and then when market open drops to 2.70$ area.
2- hold the price at 3$, when market opens drops to 2.75$ area.
it has a risk reward of 1/2. it can go up 20$ and drops 10%.
*This is my idea and could be wrong 100%
cheak my previous idea about
PROG
For more info and insight check my Twitter account: shksprt
Adjust your position for day-trading based on hourly key-levels and S/R, for swing trading based on daily S/R.
I see two different scenarios for Monday.
Bullish scenarios:
A- it will hit 2.80$ area in pre market and when market opens going to hit 3.30$ area and even 3.50$
B- It opens with gap up above 3.50$ and bypass the R1, then going up to hit 4$ as R2 and be rejected to 3.50$ area
Bearish Scenarios:
1- it holds the price in pre market even goes to 3.15$ and then when market open drops to 2.70$ area.
2- hold the price at 3$, when market opens drops to 2.75$ area.
it has a risk reward of 1/2. it can go up 20$ and drops 10%.
*This is my idea and could be wrong 100%
cheak my previous idea about
For more info and insight check my Twitter account: shksprt
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.