TRADER-WANNA-BE

TMO.NYS_Swim Trading VZ Breakout_Long

Long
NYSE:TMO   Thermo Fisher Scientific Inc
ENTRY: 638.38
SL: 595.45
TP1: 680
TP2: 700

- ADX<20. Would like to be higher.
- Maintaining at pivot point "P" and rebounded off strongly with volume today.
- Strength meter remains green indicating strength.
- Entry based on breakout from VZ today.
- Upward channel movement with its price currently at the bottom of the channel.
Trade closed manually: - Closed position at 623
- 2 consecutive selling candles with high volume
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