Risk to Reward (R/R): 1 to 13.61
Got my limit order filled this morning after waiting for 4 trading days. Trading with limit orders at larger time frame support eliminates any impulsive buying on a dip. The market must take me in at a desired price for my participation. There's always a designated entry, stop and minimum of 1 price target.
Limit Order: 75.10 (20 day moving average support)
Stop: 74.74 [1 cent below the April 3rd low]
PT #1: 80 (50 day moving average resistance)
This is a mean reversion and technical bounce play.
Low risk / high reward!
Got my limit order filled this morning after waiting for 4 trading days. Trading with limit orders at larger time frame support eliminates any impulsive buying on a dip. The market must take me in at a desired price for my participation. There's always a designated entry, stop and minimum of 1 price target.
Limit Order: 75.10 (20 day moving average support)
Stop: 74.74 [1 cent below the April 3rd low]
PT #1: 80 (50 day moving average resistance)
This is a mean reversion and technical bounce play.
Low risk / high reward!
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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.
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.