Today’s Entry: DIG

I entered DIG today. The stock has broke out over a W formation and the 50 day moving average. Another positive is the positive RSI divergence.

An entry here around $34.80, with a stop at $33.80 (under suppport) and target at the old high around $38 offers a nice 3:1 reward to risk ratio.

The stock is a bit overbought. Ideal entry is on a little more of a pullback.