STZ Has been in a stage one base for about 4 months and is above all the Moving Averages with the fastest on top and slowest on bottom. With the new upgrade can it breakout into a stage 2 uptrend? I have an alert set at just 188.50, right in the resistance area. I will take the trade if it triggers with a stop just below the most recent low of 182.62. That makes a well-defined risk reward for me.
On the fundamental side, we are moving into summer and beverage sales could easily pick up.
Dagangan aktif
I took this trade at $188.50 and I will follow the plan as outlined above.
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I am under no obligation to post any action or update to any idea.
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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 am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
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.