Lanmar

RIDE is probably ready to breakout in the days ahead

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Lanmar Uppdaterad   
NASDAQ:RIDE   None
I've been long for a few weeks but I think it looks just about ready to launch from this congestion really soon. Very nice look here
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I think RIDE is a pretty good case study on why you should generally focus on horizontal breakouts and how waiting for a breakout is usually in your best interest. I get long very often in anticipation of breakouts, and it usually works well for me. But this time it didn't. The other thing about this pattern is how obvious it was. When perfect set-ups that everyone sees fail, they fail in a big way. This didn't fail though - it just didn't confirm.

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This is a buy-zone
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