Radware Ltd (RDWR) : Bouncing off kumo support

Radware (RDWR) bounced off the kumo support yesterday and make it attempt to reverse its downward movement.

First target is around $21. Coincidently, the ‘small gap’ resistance at that level coincides with the Chikou Span support further back; highlighted by the 2 red circles.

I have support and stop-loss set just below $20.

By iam802

Trend trading with Ichimoku