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elprimo8

ERI Long Opportunity based on HTF

Long
elprimo8 Updated   
NASDAQ:ERI   None
Supply and Demand Trend Lines Multiple Time Frame Analysis
1
0
supplyanddemand trendline mtfa
Entry: 43.81
Protective Stop: 42.66
Safety Target: 46.11
Final Target: 49.28

Reason: HTF (weekly) in Demand area // Trendline break in 60 min. Planning to go long on the origin of the break
Safety target is 2:1 Risk/Reward
Trade active:
7/02 market closed, stock closed above 48, moving stop to breakeven
Trade active:
Safety Target was met last Friday 6/28
50% position out
Trade closed: target reached:
Final Target Reached, closed for a profit
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