MCK , LONG 🚂Choo Choo~

NAK1987 Updated   
NYSE:MCK   McKesson Corporation
Long MCK as my first chess piece in market re-entry from cash , I like MCK reminds me of a slow train climbing away inch by inch foot by foot . Market closed in GTM today per SPY...


Entry - 360.38
Stop Vs 21 ema
PT1 R1 , stop to half risk
PT2 R2 , stop same
HourWD - sell some
21 WD - out balance

*Caution will be exercised pre earnings ( Nov 01 AMC ) . Will see where trade is at that point and asses , if we chop sideways with no PT hits I will have to downsize to respect a gap down potential ..

Also eying up RYAN , LABU/XBI , and anything else pushing showing strength exposure ...
Pt 1 hit today , stop up ..
pt 2 hit yesterday
instead of an hourly WD to sell 1/4 I'm switching over to 65min so the final candle of the day is not only 30 min , 1 hour charts is flawed this way ... Learned that from Brian Shannon , smart man . :)
Hourly would have gotten us out at eod of 1/4 of shares but instead 65min stayed above its 21ema so I decided to hold , it was close . Earnings tommorow amc too , but I have greater than a 7% Profit cushion so I can hold through EPS and this stage two they have a history of beating except for may..

Tomorrows another day ~
WD on 65 min chart , but its early and its running into trend support , set a stop to exit 1/4 under LOC though ,will let the stock decide what's best for it .
down to 1/4 of original play here , nice action today though .. good reaction to earnings
Trade closed manually:
closed under its ema's also one of the largest wide range bars of its stage 2 today , out .


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