This is one of the most simple trade plans that aims to catch a continued rebound for IronSoruce (IS) which came into the market at $10
We aim for a partial rebound but it would still be a huge 58% profit potential, while risking only one seventh of that.
The target and stop are simply derived from key prices as shown. Trade at your own risk and good luck.
This stock has stopped selling hard even when Nasdaq was having very tough days. It is hinting it had enough of selling and strong hands are accumulating.
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