FIO - personally like the way this stock is setting up for a long. My prediction it does this gear sideways action to load up longs, then we see a rug pull and panic drop to 21 and a quarter or so and that'll be where you start your long, building off weakness dips, as long as 21 holds, but then 20.5ish is ur next level of support so if it doesn't you keep ur building, work into the possition and swing it cause target would be 25-30+ depending on ur time frame, but its a swing play.
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| I'm not trading for daily wages. I'm trading the trend however long of a timeframe it wants to take. |
