Overview:
Current Trend:
Trade Plan:
- SPN pulls ahead of other SP500 categories for YTD returns
- HP performing quick second test of resistance
Current Trend:
- Hp was sideways/bearish
- Increasing volume leading into recent tests of resistance
Trade Plan:
- Enter HP at end of day (5/5) if above resistance line
- If fails to break resistance put back on watchlist
Target Profit:- Sell 100% of position at $31.40
- Initial $26.96
- Trailing to low of previous day
- 2:1
- My trading plan dictates that this is my minimum ratio
Not investment advice. Thinking out loud in a crowded room. - Sell 100% of position at $31.40
Order cancelled
Rotated back to watchlistCheckout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.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.
Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.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.