TRI.NYS_Swim Trading VZ Breakout Trade_Long

NYSE:TRI   Thomson Reuters Corp
ENTRY: 118.27
SL: 112.92
TP1: 124
TP2: 128

- ADX<20. Would like to be higher.
- RSI>50, <70
- Maintaining well at pivot point "P".
- Wash and rinse pattern on 3-4 Nov 2021
- Strength meter shows weakness hence lower position.
- Currently just below HVN .
- Need to watch for reaction after dividend date.
- Entry based on breakout from VZ on 4 Nov 2021.
Trade closed: stop reached: - Hit adjusted SL: 120.86

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