1. Sideways; Find:
2. pre-support became resistance
Short Entry 180
Stop 181 -- For stock, $1 stop is very easy to be triggered.
Target 175; reward:risk=5:1
Target 170; reward:risk=10:1
Use Option to play this Game.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
No Stop; Gamble with high Reward Risk Ratio.
Sell offset P174 Limit 0.74 -- to reduce initial risk, and deduct timing value
Current P177/174, risk 0.2 for 3.