VSTO - 17.46% Potential Profit - Ascending Triangle Long

Vista Outdoor Inc.NYSE

Description

⋅ May 17, 2021 12:17 PM

Love the risk / reward ratio on this trade.

- Target Entry: $37.49
- Target Stop Loss: $36.71
- Target Exit: $44.01
- Risk / Reward Ratio: 8.36

About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss