ARE YOU INTUIT?! Trade setup!

8 Kas 2024

ARE YOU INTUIT ?! Trade setup!

1️⃣ MY #HIGHFIVESETUP trading strategy
2️⃣ Ascending Triangle Pattern
3️⃣ My plan for this trade

Short🎯 $703
Med. 🎯 $870
Long 🎯 $1070

Chart 3/5 dropping

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NFA SPY #tradingstrategy
INTU

23 Kas 2024

Emir iptal

INTU broke back down underneath the ascending triangle pattern. This is due mainly due to a slight miss on meeting analysts robust guidance expectations. Although I think we will go higher I'm following my H5 strategy and we have the Wr% heading towards -80, RSI beginning to cross downward through RSI MA, and like I stated a FAKEOUT on the Ascending triangle pattern. I didn't get into this trade as I planned because I have the majority of my trading account capital locked up and several other trades at the time. Also, I said that this name has fallen on most of their earnings and it was a risky play. NFA