RR is she coming backI created an idea for trading a week ago for RR. It was the perfect chart pattern. Abnormal price and volume action was in place. Next trading day, the stock gave 1:3 risk reward ratio. After that came down hard but never closed below the low of the consolidation area. Today at the time of writing @ 1.24 volume is coming in again, and price is increasing. So it is positive, and there might be another opportunity. Stop loss is around 1.09, and no target at this time, however may be 2.40 range. So the risk/reward is huge. Play safe.
