IRDM | Continued stock growth
Iridium Communications Inc. BATS:IRDM
- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 50.29
- Take Profit: Open
- Stop Loss: 46.67 (-7.20 %)
Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
