LUV
Hello, everyone.
The market has been very unpredictable lately.
Instead of the usual 7 stocks in the Russian market and 10-13 stocks in the American market, today I have selected only 4 stocks for trading in America: LUV, JEF, NKE, CNK. I don't see the need to select more today, because all of the securities are supposed to go well. But anything can happen.
Iwould like to take a look at SOUTHWEST AIRLINES CO.
What I see:
Global trend: Short.
Local trend: Long.
It's a strong historical level.
Further retest of the level was held back on March 18.
Then 3 more times we tried to overcome this level, but could not.
Despite the fact that there were false breakout, there were no strong kickback after it, which suggests the presence of a large seller.
Strong pressure on the level.
I'm going in the direction of the global trend below the level.
Trade closed: target reached:
It was a very beautiful, calm, leisurely, smooth short.
Perfect entry point.
Short size of risk.
Quiet movement.
TP exit
I hope you've made some money with me.
Perfect entry point.
Short size of risk.
Quiet movement.
TP exit
I hope you've made some money with me.
Comment:
RR: 11\1