This one has been on the watch due to its strong uptrend recently.
The pullback, followed by a consolidation and upside consolidation breakout, setups up a potential long trade with a 3.4:1 reward:risk.
Target is conservatively placed just above prior high.
The entire trading strategy, as well as other strategies and how to find trades is covered in the Stock Market Swing Trading Video Course.
No current position.
My capital is already fully utilized.
The pullback, followed by a consolidation and upside consolidation breakout, setups up a potential long trade with a 3.4:1 reward:risk.
Target is conservatively placed just above prior high.
The entire trading strategy, as well as other strategies and how to find trades is covered in the Stock Market Swing Trading Video Course.
No current position.
My capital is already fully utilized.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/