LOGM – Long Trade

"Danno" Sheehy

A long trade idea in LogMeIn, Inc. (LOGM) is discussed below. The blue dashed line illustrates how LOGM broke above resistance of prior highs, then curled back lower to test the prior breakout level. There were at least four opportunities, within the cluster of retesting daily price bars, where shorts could have recaptured control of […]

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"Danno" Sheehy

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