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cowhiguy
Oct 28, 2020 1:45 PM

CUK, the hull is shot Short

Carnival PlcNYSE

Description

A symmetrical triangle formation. Market just opened very strong below the bullish trend line.

Position opened today (with the break of the bullish trend line). Stop loss is at a previous support level inside of the triangle.

Use risk management as always.

Thank you for reading.

Trade closed: stop reached

False break. Will try to renter will a solid break above the triangle. This whole area is near the weekly/yearly support levels. However I'm overall not liking the price movement. I will keep watching.

Comment

^stop loss was not hit yet, false post. still waiting for things to play out.
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