I've been looking at Under Armor.
I think that it has been doing great the last few days despite all the fear in the market.
In my opinion this is a great swing trade opportunity.
In fact i have a strategy for both cases, either short or long. But if you put a gun to my head and make me choose, i think it's a bigger chance to go up.
If the support line holds and we have a green candle today, and the FED announcement doesn't impact much probably i will open a long position right before closing.
If the support line doesn't hold i will open a short position 25% of the ATR under it.
I think that it has been doing great the last few days despite all the fear in the market.
In my opinion this is a great swing trade opportunity.
In fact i have a strategy for both cases, either short or long. But if you put a gun to my head and make me choose, i think it's a bigger chance to go up.
If the support line holds and we have a green candle today, and the FED announcement doesn't impact much probably i will open a long position right before closing.
If the support line doesn't hold i will open a short position 25% of the ATR under it.
Nota
Nota
It seems i have to change my position to a short after recent events.
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.