PlanTradePlanMM

TEVA Long, Using EMA144 as support

Long
NYSE:TEVA   Teva Pharmaceutical Industries Limited
Using EMA144 as support
Demand Zone confirmed.

Entry: 11.2
Stop: 10.2; Below EMA144
Target: 14.2; risk/reward=1:3

This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

Trade active:
I found this entry by my new Bollinger Band study.
In weekly chart, it is in Prepare BuyZone (between EMA and BuyLine).
Weekly chart Target is 20.

I bought OTM Call with 186 days.
BuyToOpen Dec 13 Call Limit 1.25
No Stop in this option trade.
Trade active:
SellToOpen Dec C17 Limit 0.67
Overall, hold C13/17 with risk 0.58. Risk/Reward=1:6.
for now, this is a small winner.
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