TRADER-WANNA-BE

AN.NYSE_Swim Trading VZ Breakout_Long

Long
NYSE:AN   AutoNation, Inc
ENTRY: 119.12
SL: 109.38
TP1: 132
TP2: 136

- ADX<20. Would like to be higher.
- RSI>50, <70
- Maintaining well at pivot point "P".
- Entry based on breakout from VZ today.
- Strength meter shows weakness and entered with lower risk.
- 21 Jul 2021 and 17 Sep 2021 shows high volume green candle and retracement under lower volume which indicates buyers in control.
- 21 Oct 2021 is the earnings result to take note of.
Trade closed: stop reached: - Hit shifted SL: 123
- Now back in VZ and will await for it to break above again to enter.
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