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KTM4NICK
KTM4NICK Aug 07, 17 1:47 AM

nice, any thoughts on IOTS? im just now learning to trade and i saw that it had good reaction to its earnings report, and closed on its high of day. I was thinking the news will travel over the weekend and i was thinking 5.80-5.85 would be a good entry and thinking it could run to its previous high of 8.50. Could i get your opinion ?

uri1304
uri1304 Aug 07, 17 4:08 AM

Although there is some spike in volume I wouldnt take it to long unless it consolidate below the breakout before. There is resistance at 5.80 ish at the weekly chart. First target 6.30 ish.

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