Trading Plan Long $GIGGLE
$GIGGLE just swept the EMA50 and is showing absorption at yesterday's low.
Entry: $32.70-$33.65
Stoploss: $31.40
Targets: $34.50 / $36.20 / $38.50
GIGGLE dipped below EMA50 but quickly reclaimed it, with buyers soaking up that wick. The 1H BB is in a squeeze, but the current price is hugging the lower band, ready for expansion. OI is down 8.49% over 24h, suggesting shorts might be getting squeezed out after the dip. Top traders are 2.76 long, showing conviction. Lose $31.40, plan dead.
Trade $GIGGLE here đ
$GIGGLE just swept the EMA50 and is showing absorption at yesterday's low.
Entry: $32.70-$33.65
Stoploss: $31.40
Targets: $34.50 / $36.20 / $38.50
GIGGLE dipped below EMA50 but quickly reclaimed it, with buyers soaking up that wick. The 1H BB is in a squeeze, but the current price is hugging the lower band, ready for expansion. OI is down 8.49% over 24h, suggesting shorts might be getting squeezed out after the dip. Top traders are 2.76 long, showing conviction. Lose $31.40, plan dead.
Trade $GIGGLE here đ