TradingBandito06

HWM - Minor Low Breakout

Alış
TradingBandito06 Güncellendi   
NYSE:HWM   Howmet Aerospace Inc.
G/G trend with a pullback after earnings.

Has 3-4 propulsion dots across 13/21/34 propulsion dots.
Vscore area,
RAF just below extremes = Minor low breakout.

The only thing about this price action is I would wish for a larger pullback. The entry here is above 13ema, despite the momentum.
Volume support is lower and starts around 41.30.

I'm going to take a small aggro position if we get a breakout, due to the overall ITA sector strength, but I would like to get a more conservative entry. I would like to enter between the 13 and 21 propulsion dots.

21APR23 42Calls. You could also look at 43 Calls which have more Open Interest.

Entry - $42.10
Profit - $42.95
25% Stop Loss.

Emir iptal:
Did not take trade due to Gap and Go on the breakout.

Prices accelerated after breakout/big volatility bar.
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.