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Barracuda Networks - swing trade
The weekly chart here tradingview.com/x/UCsfCs3U/. Considering the neutral weekly chart, any trade is allowed on the daily.
After a double bottom, this stock rallied and broke the neckline. However, it did not stay above it for long, and came back down to value to gain thrust (hopefully).
I would trade this stock looking for 32$, and further up for 35$. I would take more than half of the position off the table at 32. Stop below yesterdays low, and it shall be a hard stop this time.
After a double bottom, this stock rallied and broke the neckline. However, it did not stay above it for long, and came back down to value to gain thrust (hopefully).
I would trade this stock looking for 32$, and further up for 35$. I would take more than half of the position off the table at 32. Stop below yesterdays low, and it shall be a hard stop this time.
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