MBWM closed green above support zone, long opportunity Long

Mercantile Bank CorporationNASDAQ

Description

⋅ Sep 14, 2020 9:46 PM

MBWM closed above the support zone, so it may be worth it thinking about a long swing-trade.
Possible SL@$19.09
Possible TP@$23.11
No investment advice.

Trade active

⋅ Sep 15, 2020 6:44 PM

went long today at marken open @$20.13
SL and TP set as stated in this idea

Trade closed: stop reached

⋅ Sep 21, 2020 8:55 PM

SL got hit, closed at $19.00

Support and Resistance