maschera

SQ - 5.13% Potential Profit - Bullish Rectangle

Panjang
maschera Telah dikemas kini   
NYSE:SQ   Block, Inc.
Clear uptrend Support and Resistance with a Bullish Rectangle formed within.

Short term swing trade that I would close before earnings on 5th August.

- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.

Suggested Entry $133.45
Suggested Stop Loss $130.94
Target price $140.45
Dagangan ditutup: sasaran tercapai:
15.59% profit.

A hell of a trade. I ended up adjusting my stop-losses progressively as the price increased and managed to secure a profit above the original target.

I use "target prices" as a reference but I do not set profit-taking orders. I tend to adjust stop-losses in order not to miss gains on bull runs like these.

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.