I am looking to get into the following position:
Stop: $52.50 (conservative)
If this trade gets triggered in and either breaks the the 54.10 or does not begin an upward trend by June 10th I will move my stop up and look to exit aggressively.
With the way the markets been acting lately, I am worried that the news is not more bullish in postmarket data but the plan is in place. We have bought at support and are in a low risk trade with a namebrand stock