tradepatiently

WCLD Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NASDAQ:WCLD   WisdomTree Cloud Computing Fund
Entry: with price above 33.25
Volume: with volume greater than 513K
Target: 38.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 33.26, 30.75 gets you 2/1 Reward to Risk Ratio.

This LONG 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
Comment:
Opportunity to add to the position is when price breaks above 34.93 with volume > 340k
Comment:
Not looking great.
Trade closed: stop reached:
Starting to look like a down trend, I'm out.

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