DUOL Long - High volume push out of IPO Base
Duolingo has pushed out of its IPO base after a gap up on earnings. The +21% gap up saw the largest volume ever traded (excluding lock up volume) and closed at the highs.
The moving averages prior to the gap were compressed, but have since expanded from the run up in price. My plan is to go long DUOL on any pull back into the support zone at $220, or long through Fridays high ($215.53)
The moving averages prior to the gap were compressed, but have since expanded from the run up in price. My plan is to go long DUOL on any pull back into the support zone at $220, or long through Fridays high ($215.53)
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