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MikeKonner
Nov 1, 2016 3:12 PM

CLX earnings & swing trade Long

Clorox Company (The)NYSE

Description

CLX earning looking good with historical value.

Price broken through 2 layers of support and reaching a 3rd.

Long position for earnings and in case of S/L skip, remaining long back into channel.

Long position:
Risk: 1.5-2.5% according to apetite. $115.00 S/L.
Reward: 10% reward potential. $130.00 will take a 50% partial
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