WDC: 2nd chance to join the uptrend
As you can see in my previous publication, we had a great opportunity to enter longs starting the year. Now we have a similarly great opportunity at the end of this correction here, and close to earnings support.
The risk is the earnings report still pending, so start by buying a 0.25-0.5% exposure long, with $5.61 downside risk from here. I wouldn't use a stop loss.
Then you can complete the position over the course of a few days, with more information after the new Key Earnings Level is formed here.
Good luck!
Ivan Labrie.
The risk is the earnings report still pending, so start by buying a 0.25-0.5% exposure long, with $5.61 downside risk from here. I wouldn't use a stop loss.
Then you can complete the position over the course of a few days, with more information after the new Key Earnings Level is formed here.
Good luck!
Ivan Labrie.
Comment:
Waiting for the earnings report to enter.
Comment:
Well, WDC win rate: 100% out of 2.
Not bad, but need more data hehe.
Not bad, but need more data hehe.
Trade active:
Probably wise to trail stops up to today's low, or last Friday's close.
You can double the position too.
Probably wise to trail stops up to today's low, or last Friday's close.
You can double the position too.
