SKALE (SKL) Opened Long position at .13500…, First target 100,
SKALE ( SKL ) Opened Long position at .13500…,
First target 100,fib
Second target 134,fib
Third target 200 – 227.2,fib
Fourth target 341,fib
On the 8H;
Using the Monthly Pivots Woodie also as resistance levels.
Currently above 20ma, 55ma, and yearly VWAP , with the 20 ma almost crossing VWAP .
Right now finding resistance at R1 pivot , a break below ma’s, VWAP and (P) pivot , may find its way back down to low .0900… levels.
Will move Stop loss at every target Hit, Broke & Retested.
Close half my position at the 200,fib and wait for next buy signal to add more. According buying pressure proceeds.

