Get started
trader_seb75

Long $CAN on breakout out of channel / wedge and steep pullback

Long
Canaan Inc. (NASDAQ:CAN)  
trader_seb75  
NASDAQ:CAN   Canaan Inc.
Wedge Parallel Channel
0
1
wedgepattern parallelchannel
Went Long on $CAN after breaking out of channel or wedge, on the end of quarter, after a very steep pullback, and in the context of Tech and Semis being strong.

- Entry: At 20.64 underlying, 2 vertical debits @ 22.5 / 45 strikes, for 3.19
- Target: 30 to 32 underlying, will look to hold half in case of a runner.
- Stop: Daily close and acceptance below 14
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.