GSX Swing

 



Felt very early with this one, but with all the other strength and its location, felt ok to take it. 34% short float, china name, clear falling wedge, into anch vwap from IPO year and a half ago, plus retest of bo level and failed breakdown. Good spot

Acted well to start the day In an added on ORB. Later coiled lower to prev hi and took off from there, added once it got above vwap with huge vol spike. Buyers coming in.

Sold off towards the close, under vwap. May have to deal with retests, Good start to a trade, TL break still a ways out, may not even get to it tomorrow but with strength should see a good break from it. Out on hold under 52. Add if its there at hod.

2nd

ALl out, Odd one out in the idustry, couldnt hold above anything, had to bail as it lost 51. 


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