Entry: when price clears 78.60
Volume: greater than 7.15M
Target: 87 area
Stop: Depending on your risk tolerance; 75.81 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: greater than 7.15M
Target: 87 area
Stop: Depending on your risk tolerance; 75.81 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active:
In the first hour of the day, price and volume were way up. We didn't get the 7.15M I was hoping for, but I did take a trade. I also sold 1/2 of it minutes before the closing bell. I would not be surprised to see a pullback tomorrow but it's OK, in and out on 1/2 my position, I feel like a day trader. :)
Comment:
Sold 2/3.
Trade closed: target reached:
Closed position.