One week chart shows an accumulation phase with S/R @ 7.83 and 9.91 respectively. The daily chart shows strong resistance @ 9.82. Based on previous entries at my suggested buy point the swing appears to take around eight trading days.
Using my Buy, Stop, and Sell points. This setup has a risk percentage of 3. With a stock reward per share of 2.05 and a R:R of 1.9.
That said, I had a limit buy for $7.86 and got in this morning @ $7.70. However, I quickly got stopped out @ 7.66. Maybe I should have set my activation price closer to the my actually stop price. Or, maybe my stop price was a little too tight. Regardless, I stuck to my plan and I can live with the results. On to the next trade setup :)
Using my Buy, Stop, and Sell points. This setup has a risk percentage of 3. With a stock reward per share of 2.05 and a R:R of 1.9.
That said, I had a limit buy for $7.86 and got in this morning @ $7.70. However, I quickly got stopped out @ 7.66. Maybe I should have set my activation price closer to the my actually stop price. Or, maybe my stop price was a little too tight. Regardless, I stuck to my plan and I can live with the results. On to the next trade setup :)
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.