No trade yet.
Stock in strong uptrend.
Watching for upside break of small consolidation, and then a break to new highs.
Decent reward to risk of about 2.75:1...Can also use a trailing stop loss.
Target is based on catching the next major thrust only, as the price then tends to consolidate for a while.
Trade only considered if the stock breaks higher.
If price breaks lower, no trade...yet.
Disclosure: Not Trade Yet.
Stock in strong uptrend.
Watching for upside break of small consolidation, and then a break to new highs.
Decent reward to risk of about 2.75:1...Can also use a trailing stop loss.
Target is based on catching the next major thrust only, as the price then tends to consolidate for a while.
Trade only considered if the stock breaks higher.
If price breaks lower, no trade...yet.
Disclosure: Not Trade Yet.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.