GILD Long, Using EMA(144) as support

Using Script: Buy in long term uptrend (Weekly and Daily)
Weekly uptrend, Side way consolidation above EMA (144)
Price pulled back to the buy signal area where crossed EMA144 on 3/16/2020;

Entry: 74
Stop: 70; when Below EMA144
Target: 90; risk/reward=1:4

This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active: Buy Aug C80/90 limit 1.7;
No Stop in Option with Small risk;
Risk/reward=1:5 is good enough to try in long term uptrend.


so is this a long entry on the stock, or a call spread trade? i can see it will be tricky to use a weekly view for an option trade like this - just IMHO.
@RedKTrader, My plan is based on the stock trade. my active trading is option.
That is another hard work to convert stock price (S.E.T) and projected time into option strategy.
RedKTrader PlanTradePlanMM
@PlanTradePlanMM, got it - thanks and good luck!
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