NKE looks prime for a push through the previous highs. Taking some off at the highs and leaving the rest for a trend trade.
If it trades below 131 I will exit position and idea is invalidated. Needs to stay above 132 on a closing daily basis.
I really feel bad for all the newbies in here getting sucked into these scams. Really... there is so much misinformation out there hurting people's lives.
I've been a trader for over 15 years and this is probably the biggest scam I have ever seen in my trading career.
Do you guys really think you can manipulate the markets ? Think twice... big money wants you to...
MSFT about to breakout.
I have two targets on chart I will be looking for.
First Scale out occurs when target 1 hits.
Second Scale out occurs when target 2 hits.
Final exit of position occurs on a trailing stop which is set to be equal to the distance between Target 2 and Entry.
I'm bullish TEVA for the next 1 month.
I will be taking some profits on Target 1 and leaving the rest for Target 2.
Target 2 is less likely to occur within the next month, so this is definitely a bit of a longer term play.