Sir_Awkward_Moose

SMAR breaking out of upper Donchian channel

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NYSE:SMAR   Smartsheet Inc.
SMAR


SMAR broke out of the upper Donchain channel on high volume following an earnings surprise. Additionally, the 100D EMA slope started moving to the positive. I am entering a long position here at $63.05 with a target of ~$69 and a stop loss set at 2x ATR.
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