WFRD Entry, Volume, Target, Stop, Resistance
When price clears 65.53
With daily volume greater than average
Target: 71.50 area
Depending on your risk tolerance: 63.54 gets you 3/1 Risk/Reward.
Resistance: All time high at 70.18
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not 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.
With daily volume greater than average
Target: 71.50 area
Depending on your risk tolerance: 63.54 gets you 3/1 Risk/Reward.
Resistance: All time high at 70.18
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not 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.
Comment:
UPDATE: Risk/Reward negatively impacted - Target area 70.50.
Order cancelled:
No longer favorable risk to reward, taking off my watchlist for now.