LABU , LONG ( Fri close entry )

167
Took an hourly wedge pop near the close on labu and seems to also be a bounce off trendline here too ..

I like the proximity to my 10/21 emas here and I like the hammer bounce off TL.

Entry - 8.82
Stop - 7.88

PT1 - 9.78 . sell 1/4 , stop to half risk
PT2- 10.71 , sell 1/4
Note
PT 1 reached sold 1/4 , stop to half risk
Trade closed: stop reached
wedge drop on Friday so out

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.