PennantTrading

TOL Trading Plan

Long
NYSE:TOL   Toll Brothers, Inc
TOL is currently at 55.50 and target is 71.58. It broke out of the pennant , came back down tested support and held (lower time interval chart shows this better). It also closed right above the 1d 8 EMA . I would put a stop under the EMAs around $54 or 3%. Risking 3% to gain 20%+