tradepatiently

MOD Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NYSE:MOD   Modine Manufacturing Company
Entry: with price above 49.60
Volume: with volume greater than 849.33k
Target: 53.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 49.61, 48.38 gets you 3/1 Reward to Risk Ratio.

This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Order cancelled:
Missed the entry, cancelling the idea after the hard pullback with volume on Friday.

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