Company Description -
This stock gapped up in April, and has been consolidating mostly sideways since. I had an alert set on the AVWAP from the gap up, and it triggered this morning. Above that AVWAP, I believe buyers are more in control, and have outlined a risk/reward scenario for the long position I entered. Risking roughly $1.25 vs $5 upside. Will reevaluate the trade at either of those points to see where to go from there.