$20.95 entry, $31.84 target, 52% gain, 3:1 reward/risk ratio.
This is a Tom Demark trend analysis.
Trade will be cancelled if on 4/29 ERI opens lower than trendline around $21, this indicates failed breakout.
Trade will be cancelled if on 4/29 ERI does not make a higher high; it must break $24.31.
This is a Tom Demark trend analysis.
Trade will be cancelled if on 4/29 ERI opens lower than trendline around $21, this indicates failed breakout.
Trade will be cancelled if on 4/29 ERI does not make a higher high; it must break $24.31.
Trade active
Comment:
Possible failed breakout, ERI must make a higher high of greater than $24.31, trade will be canceled at market close if no new high is made.
Order cancelled:
ERI did not break $24.31
Trade closed manually