TRADE ALERT
www.stewdam.us
Traders,
With a potential of up to 94% profit to my final target (of course, I will take profits along the way), I have chosen to enter IOTX here.
Positives: Breaking to the topside of a long-trending bullish descending wedge that started in Nov. 2021. Also, above the 50 which is curving up. And the RSI is at a reasonable level.
Negatives: Still has to beat that 100 day.
Targets: .052, .067, 200 day, .08
Stop out: Previous low .027
Risk/Reward: 2.77
I will update the spreadsheet later this afternoon.
