Channel + support + doji + double bottom + 11:1 RR
BIIB is in a channel and is in a buy low, sell high situation
The RR on this trade is 11:1:
Trigger: 272.98
Stop: 267.86
Target: 329.36
Plan:
Not sure if this trade will trigger because it is at a strong support and has formed a possible double bottom drawn in blue. I will leave this trade open for the rest of the week. If triggered I will set and forget stop and target triggers
The lowest low of the channel is 268 and my stop is below that for a conservative play.
The RR on this trade is 11:1:
Trigger: 272.98
Stop: 267.86
Target: 329.36
Plan:
Not sure if this trade will trigger because it is at a strong support and has formed a possible double bottom drawn in blue. I will leave this trade open for the rest of the week. If triggered I will set and forget stop and target triggers
The lowest low of the channel is 268 and my stop is below that for a conservative play.
Not
BIIB had a split so the trade needs to be adjusted accordingly
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.