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FriscoTrades
Nov 8, 2021 4:45 AM

$TS Weekly breaking out - 27 PT Long

Tenaris S.A.NYSE

Description

Tenaris is in the Steel manufacturing and supply business. With the recent passing of the infrastructure bill it's no wonder we are seeing a weekly breakout here.

Looking for more continuation this week with a near term PT to the next line of resistance $27 zone. Love to see the EMA's opening up and MACD bullish cross for confluence.

I'm in NOV $25 calls, already up 166%. I think there's more juice this week. Let's see :)

Comments
TORNADOF5
hey , your entry was at 11.82 ?? Loi wow
oniabraham
@TORNADOF5, lol options
FriscoTrades
@oniabraham, hahahah yes definitely options. @TORNADOF5

closed out most at +330%. I think near term there's more upside but I always start scaling out on rips (NOV contract if I had more time I'd probably hold).
TORNADOF5
@oniabraham,im not buying, i think no point to me after this run , but I would not listen to TORNADOF5 , cus his a noob xDDD
oniabraham
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