Looking to get in this trade with a trigger@$15.14 with a stop@14.14
The reason this stop is so aggressive and not below the ALL TIME LOWS is because the stock today closed above a historic support level of $15.14. This means that if 15.14 is broken again then I do not want to be in the trade anyway so I'm willing to tighten up my stop.
What I want the stock to do:
retest this support level, which will trigger me in, and and form a bullish hammer with a long lower wick that that doesn't poke thru the $15.14 support level.
The reason this stop is so aggressive and not below the ALL TIME LOWS is because the stock today closed above a historic support level of $15.14. This means that if 15.14 is broken again then I do not want to be in the trade anyway so I'm willing to tighten up my stop.
What I want the stock to do:
retest this support level, which will trigger me in, and and form a bullish hammer with a long lower wick that that doesn't poke thru the $15.14 support level.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.