SHOP is below trend line currently. Goal at 20% gain @ $170.18 Stop/Loss set at 8% loss @ $130.48 I don't see it losing much in this spot looking at history. Play is short term and could be completed in a matter of day/weeks.
Let me know what you think?
Comment
⋅
6% ROI line has been passed. Still looking positive as it is below the upward trend line
Trade closed: stop reached
⋅
After updated STOP to over 10% return, it was reached today and triggered in the early AM as markets were losing in the AM.
consolidation here might take a month, so have patience
jeffyanzo
⋅
@menos, I thought it would move quicker, but yes, I am always willing to wait longer than my initial time span. Thanks for the comments, much appreciated.
joris.vandenbroeck
⋅
I'm hoping for the same jump in +- 1 months time.
jeffyanzo
⋅
@Joris.vandenbroeck, yeah, it looks oversold and I wish I had jumped on that last week. I'm still new to this, so had to confirm chart with notes.
menos
⋅
entered Jan 2019, $150 calls. risk/reward looking good here
jeffyanzo
⋅
@menos, I have to educate myself on calls and puts. Next step of the process for me.