NAK1987

BAH, Long , Trend Following Setup, Second attempt .

Long
NYSE:BAH   Booz Allen Hamilton Holding Corporation
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally.

Here is a company with positive margins , lots of free cash flow and I think that although we did break trend-line support , there is a good potential of a reversal up from here . I have set my stop under previous low and intend to trade this as a trend following setup.

Once/if we exceed 2X risk I will adjust stop to break even and move up my stop from there .

Good luck .

艾力克~
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