AMBU A/S ''long position''

Actualizado
SWING TRADE

Position: long ''counter trend''
Entry: 99.30
Target: 117.00
Stop Loss: 95.30
Position open: 16/08-2019

Reason for entry: ABC pull back on lower time frame (Trading the bullish C-Wave) as price action and overall trend on higher time frame is bearish... Let's see how the trade rolles out...

Link:
facebook.com/wavepw/

Nota
If/when price closes above 110.40 DDK, I'll move my stop loss to break even...
Nota
Price closed above 110,40 today therefore my stop loss is moved slightly above break even.

Tomorrow Ambu also has 3Q report... if the number are decent, we'll see a spike up hitting my target and if number are poor, we'll probably hit break even target...

We'll see how it goes...

Have a pleasant day
Nota
Market gaped this morning on top of the Q3 report. Price dropped all the way down to 88,10 before turning...

As planned I was stopped out at 101,50 with a break even trade...

That's Trading... I'll be looking for new setup's

Have a great day...
ambuElliott WaveOMXC25priceactionStocksWave Analysis

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