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.
Comment
⋅
Waiting for the earnings report to enter.
Comment
⋅
Well, WDC win rate: 100% out of 2. 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.