Consider a small entry around $11.05 - $11.10: If a reversal signal appears, a small initial entry might be considered.
Set a tight stop-loss: Due to the strong downward momentum, a tight stop-loss is crucial. Place it just below the recent low of $10.75, perhaps around $10.70 - $10.73.
Set modest profit targets: Aim for short-term gains, targeting potential resistance levels:
Target 1: Around $11.20 (previous minor high)
Target 2: Around $11.25 - $11.26 (the recent significant high)
Consider taking partial profits: If the price moves in your favor, consider securing some gains at the first target.
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