In order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade.
Ascending Triangle with clear uptrend Support.
Target price set at a new potential resistance line.
- 5-month Uptrend
- RSI + Stoch above 50
- MACD above Signal
Suggested Entry $18.51
Suggested Stop Loss $17.75
Target price $21.31
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Ascending Triangle with clear uptrend Support.
Target price set at a new potential resistance line.
- 5-month Uptrend
- RSI + Stoch above 50
- MACD above Signal
Suggested Entry $18.51
Suggested Stop Loss $17.75
Target price $21.31
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Dagangan aktif
Dagangan ditutup: sasaran tercapai
7.62% profit
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.