Long ACGL Long

Arch Capital Group Ltd.NASDAQ

Description

⋅ Jan 31, 2024 4:48 PM

Entered a long position on Arch Capital Group Ltd. ACGL.

Timeframe: 4H
Target: ~$87
SL: ~ $78.70
Reason: bullish break of a small consolidation area, in the direction of higher timeframes trend.

Trade closed: stop reached

⋅ Feb 8, 2024 7:26 PM

Today I closed my position in Arch Capital Group Ltd. ACGL.

PnL: 1.09% : ~63% annualised : 0.29 Risk-to-Reward ratio (0.48 in Dollar terms and without commissions).

Better luck next time.

Trend Analysis