TradingView
PlanTradePlanMM
Oct 20, 2020 4:25 PM

MGM to Long, Trendline Break Long

MGM Resorts InternationalNYSE

Description

In Uptrend,
At bottom of consolidation,
trendline break,

Entry 21.5
Stop: 20
Target: 31; reward:risk=6:1

Earning 10/29/2020 4 PM

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.

Trade active

Option trade:
Buy 2021 Mar C24/30 Limit 1.4
Stop 20

Trade active

SelltoOpen 2021 Mar C30/35 Limit 1.8,
Win 0.4, and Hold C24/30/35 for free

Trade closed: target reached

Close 2.03; Big winner.
Comments
PlanTradePlanMM
Sorry, I forgot to show the SMA50/200 lines. SMA50 crossed SMA200, and SMA200 is support now.
More