I have two setups on this one. Stock is gaping up on earnings today. Because of that, I'm not sure if it will pull all the way back to the lower entry @ $20.00
One could consider having both orders open and cancelling the lower entry if we don't get a pullback that far. If we do, there is a good chance the the higher entry idea gets stopped out.
Entry 1: 20.40 with a stop @ 19.95 and a target of 21.30
Entry 2 (preferred): 20.00 with a stop @ 19.50 and a target of 21.00
One could consider having both orders open and cancelling the lower entry if we don't get a pullback that far. If we do, there is a good chance the the higher entry idea gets stopped out.
Entry 1: 20.40 with a stop @ 19.95 and a target of 21.30
Entry 2 (preferred): 20.00 with a stop @ 19.50 and a target of 21.00