I went long on this I think Thurs or Friday. Higher highs and higher lows, nice basing pattern with breakout above triangle. My stop is @ $11.14 (about 10% plus is below swing low). Below $12.03, I would view as negative if it drops back into it's consolidation zone.
XOM looking nice today too.
I normally avoid ETFs as a general rule, but this ETF fit the pattern.
XOM looking nice today too.
I normally avoid ETFs as a general rule, but this ETF fit the pattern.
Trade active
Moving stop to 10 day low $12.03Trade active
Stop to $12.49. Below 20 EMA.Trade active
Stop to $12.94Trade closed: stop reached
Trailing stop hit @ 13.26 this morning breaching the 20.
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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.