On this weekly chart you can see both a double bottom and a longer term cup with handle. I plan on entering this trade on any further move up in the days ahead. My first target is around around resistance at $158 and if it break thru that level I can see $170.
Feedback is always welcome. I publish my own trade ideas which help me to be accountable to myself. These are not meant to be investment advice.
Feedback is always welcome. I publish my own trade ideas which help me to be accountable to myself. These are not meant to be investment advice.
Nota
This trade is working very nicely. I entered this trade at $147... let's see if we can hit the target areas.Dagangan ditutup secara manual
Closed this position today, 4/9/2019 as it dropped out of the gate on news of a Global slowdown in GDP. This is an infrastructure play and as such would suffer a slowdown. I'll keep an eye on this as I think it's overblown. But, I got out with a win and look for a possible re-entry. Exit price $151.71.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.