Arch Capital Group Ltd.
Long
Updated

ACGL , LONG

61
Yesterday near close I bot ULTA but it had a bad signal on close , as a result I got out pretty much right away on open today , gave it a chance but as soon as the candle went red , I was out . At the time of entry I was looking at either ACGL or ULTA , since we were right at the prior days close on open I figured it was reasonable to enter this to replace ULTA.

Lets see how it goes . Expecting more volatility today with FED meetup rate decision so I decided a stop vs 50sma is suitable ... Still provides a nice Risk vs reward setup too .
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.