thelion01

good spot to try some TD for a swing

Long
TSX:TD   TORONTO-DOMINION BANK
TD touched weekly LBB and bounce also the support at daily 58.72.
Yesterday candle combine with Wednesday candle confirm the temp bottom in and it should move back up to MBB and even UBB daily.
I would get some here for a swing trade target at least daily MBB depends on mkt condition it should be able to reach daily UBB as well.
Trade closed manually: Shouldn't try to find the bottom when the overall mkt bearish and also trend is your friend, TD has been a downtrend since Aug 27, keeps making LH LL. There is a gap 56.89-57.37 will use 54.80 as support to see if it is a good swing long