Long
STORM - Buy Opportunity - 76% ROI - 6.5:1 Risk/Reward
Reasons to buy using a LIMIT when/if price retraces back to the consolidation zone - should this not occur, wait for smaller time frame breakout setups:
1. Valid break-out pattern with a clear consolidation zone
2. Massive increase in volume prior to break out
3. Long accumulation period
4. Trigger breakout pattern has reached profit target
5. High return on investment (76%) with massive 6.5:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
1. Valid break-out pattern with a clear consolidation zone
2. Massive increase in volume prior to break out
3. Long accumulation period
4. Trigger breakout pattern has reached profit target
5. High return on investment (76%) with massive 6.5:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
Trade active
Place stops underneath the consolidation zone. Wider stops if you are happy to give this trade some spaceNote
We have the pullback. Now lets be patient and see how it pans out
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.
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.