Trading Edge 2020 Portfolio -Trade #11- WES - Inverse H+S
Güncellendi
Ticker: WES
Position:
~ $7.00 Strike Call (Currently around $0.62/ contract)
~ May 15th expiry
~ Delta = 0.57
~ Risk no more than $300 (4-5 contracts)
Exit/ Profit Targets:
~ Close below the neckline = exit trade (approximately $6.00)
~ Initial target = $8.00
~ Secondary target = $11.00
Rationale:
~ Inverted H+S breakout
~ RSI confirming latest move higher
~ Presence of a gap (stretch target)
~ Moving averages are suggesting (at least near-term) a continued bounce
-TradingEdge
Position:
~ $7.00 Strike Call (Currently around $0.62/ contract)
~ May 15th expiry
~ Delta = 0.57
~ Risk no more than $300 (4-5 contracts)
Exit/ Profit Targets:
~ Close below the neckline = exit trade (approximately $6.00)
~ Initial target = $8.00
~ Secondary target = $11.00
Rationale:
~ Inverted H+S breakout
~ RSI confirming latest move higher
~ Presence of a gap (stretch target)
~ Moving averages are suggesting (at least near-term) a continued bounce
-TradingEdge
İşlem kapandı: hedefe ulaştı
Exited WES at $1.85/ Contract 193% Profit
İlgili yayınlar
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.