Panjang
Potential Long Setup in VMD.TO
Interesting setup here in a relatively new stock.
Pulled back from a strong trend.
Has popped out of the pullback, and another pop from this tight consolidation could send it up and away.
Beware of the low volume.
Reward:risk is quite good...assuming we can get a similar rally to what has happened prior.
Could also use a trailing stop loss, such ATR Stops.
Disclosure: no position yet, but on further strength will likely get long if volume is adequate.
Pulled back from a strong trend.
Has popped out of the pullback, and another pop from this tight consolidation could send it up and away.
Beware of the low volume.
Reward:risk is quite good...assuming we can get a similar rally to what has happened prior.
Could also use a trailing stop loss, such ATR Stops.
Disclosure: no position yet, but on further strength will likely get long if volume is adequate.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.