Long $NFE CMP $31.17 Long

New Fortress Energy Inc.NASDAQ

Description

⋅ Oct 22, 2021 4:46 PM

Long NFE CMP $31.17. Broke the channel with good volume but rejected at 200 EMA. Will take support at $30.71 [50 EMA price] Energy sector is hot and with earning expectation it may re-test $35 area[200 EMA]. Price target $35. Stop loss ~28-29.

Trade closed: stop reached

⋅ Dec 2, 2021 4:46 AM

Failed breakout. Stop loss $25 reached