West Pharmaceutical Services (WST) needs to hold 21d EMA Long

West Pharmaceutical Services, Inc.NYSE

Description

⋅ Nov 10, 2020 4:01 AM

WST tried to break into new highs, but held back by the volatility of the day. If this holds the 21d EMA, then could be a good aggressive entry point. Keep a stop loss of 9.38% based on the 10d ATR (x2.7) and a position size of R10.67.

Stop Loss: 9.38% (259.67)
Position Size: R10.67

Support and Resistance Moving Averages