Conservative Trend Trade 1F + long impulse + JOC test level + 1/2 correction + biggest untested volume Sp
Calculated affordable stop loss (virtual if it hits the alarm I'll put a limit order to break even and if it doesn't reach it I'll HODL with dividends till original take profit) 1 to 2 R/R take profit with possible extension to 1/2 for monthly range
Monthly context + long balance - expanding ICE + 1/2 correction + biggest volume manipulation without result
Trade active
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Moved TP to $28.09 since my virtual SL was activated. Also, I found mistake in my technical analysis.
Hopefully, the price will form 2Sp, we'll wait for the test and reenter.
If price doesn't hit my break even limit order, I'll HODL PFE till it recovers and will enjoy dividends meantime. I already made $0.42 per share today )))
Trade closed manually
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I am out at $28,09 for microprofit since price hit my break even level.
I still think PFE is attractive at the monthly chart, so I'll be watching it closely and keep you UPD.
After some consideration I move take profit to $39, because - we are at support level of monthly chart - we are at 1/2 fib retracement of monthly chart - volume distribution is long - I'm heavy in cash for the market is high in general.
I'll be watching the development of the wave, but with all other things even I don't see why not to train my holding muscle to the 1/2 of the range.
- we are at support level of monthly chart
- we are at 1/2 fib retracement of monthly chart
- volume distribution is long
- I'm heavy in cash for the market is high in general.
I'll be watching the development of the wave, but with all other things even I don't see why not to train my holding muscle to the 1/2 of the range.
HODL!!!