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PlanTradePlanMM
Nov 16, 2021 5:14 PM

MCHP Long Long

Microchip Technology IncorporatedNASDAQ

Description

Consolidation Breakout + retest

Entry 83.6
Stop 81.3
Target 94

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.

Trade active

Buy 2022 Jan (66 days) butterfly C85/97.5/110
Limit 2.5
no Stop
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