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emman187
Mar 8, 2024 2:40 AM

EL swing trade potential Long

Estee Lauder Companies, Inc. (The)NYSE

Description


swing trade start

Comment

more description:
The majority of sellers who wanted to sell left (large exit volume)
stable above the EMA100
close to going over the MA200
w figure
good earning
not very volatile but for a swing trade the probabilities are good.
a probable trade with a risk/reward ratio of 4:1 or 3:1 if the stop loss is a little low.

Trade active

Comments
emman187
Bravetotrade
Hello, congratulations on sharing your first post with the community. We hope you enjoyed the process. Thank you for contributing :)

Just as a tip, the site values a good description as much as it does a good chart so it is always a good idea to add a reasonable description to accompany your chart. Doesn't need to be long. Just a sentence or two describing what you are seeing on the chart. The system will be more likely to rank it higher and users will also be more likely to follow and comment on your ideas if there is some good accompanying analysis.
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