VRNS | Continued stock growth
Varonis Systems, Inc. BATS:VRNS
- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 44.22
- Take Profit: Open
- Stop Loss: 40.50 (-8.50 %)
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.