TRADE THE TREND
Hello everyone,🙋🏾
Here again Romluck with a new trading idea,
The trading ideas I find are after searching and investing time.
Thanks for the like and comment.
What Are the "Swings" in Swing Trading⁉️
Swing trading tries to identify entry and exit points into a stock based on its intra-week or intra-month oscillations, between cycles of optimism and pessimism.
Quanta Services from the sector Industrials provides specialty contracting services worldwide.
The Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power
In this case:📊
🔆The price does rise above the handle, triggering a possible buy near $132.68.
🔅One possible place to put a stop loss is below the handle, marked by the rectangle, near $125.25.
🔆Based on the entry and stop-loss, the estimated risk for the trade is $7.43 per share ($132.68 - $125.25).
🔅If looking for a potential reward that is at least twice the risk, any price above $147.33 ($132.68 + (2 * $7.43) will provide this.
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️
There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun
Hello everyone,🙋🏾
Here again Romluck with a new trading idea,
The trading ideas I find are after searching and investing time.
Thanks for the like and comment.
What Are the "Swings" in Swing Trading⁉️
Swing trading tries to identify entry and exit points into a stock based on its intra-week or intra-month oscillations, between cycles of optimism and pessimism.
Quanta Services from the sector Industrials provides specialty contracting services worldwide.
The Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power
In this case:📊
🔆The price does rise above the handle, triggering a possible buy near $132.68.
🔅One possible place to put a stop loss is below the handle, marked by the rectangle, near $125.25.
🔆Based on the entry and stop-loss, the estimated risk for the trade is $7.43 per share ($132.68 - $125.25).
🔅If looking for a potential reward that is at least twice the risk, any price above $147.33 ($132.68 + (2 * $7.43) will provide this.
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️
There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun
Trade closed: target reached:
Hello,
target reached,
We reached the goal we set for ourselves.
target reached,
We reached the goal we set for ourselves.