TomProTrader

ITW- Broken Out Of Range- Buy Time

Long
NYSE:ITW   Illinois Tool Works Inc.
0
Friends

This is a good buy, but ideally I want to see a gap open higher trade on Mondays trading session, which would then probably persuade me to go long.

Probably a good buy here. Bullish kicker pushed price out of its long term range providing a breakout trade. It's possible to use tight stops due to nature of trading activity before breakout, giving me over 10 to one Risk Reward ratio. How can you resist a go?

Everything else on chart.

Thanks guys,
Tom

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