Marius Johnsrud
Long

Great risk/reward bottoming play

AMEX:MORT   VANECK VECTORS MORTGAGE REIT INCOME ETF
34 0 1
technically it looks pretty appealing with a classic smiley-bottoming pattern.
it is also fairly cheap (P/E below 5) which reflects a pretty low sentiment.

key to this setup is the r/r, not necessarily if it works out or not.
and off course, with a lofty target, it doesn't hurt to use a trailing stop system
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out