Looking to get in this trade with a trigger@$15.14 with a stop@14.14
The reason this stop is so aggressive and not below the ALL TIME LOWS is because the stock today closed above a historic support level of $15.14. This means that if 15.14 is broken again then I do not want to be in the trade anyway so I'm willing to tighten up my stop.
What I want the stock to do:
retest this support level, which will trigger me in, and and form a bullish hammer with a long lower wick that that doesn't poke thru the $15.14 support level.
The reason this stop is so aggressive and not below the ALL TIME LOWS is because the stock today closed above a historic support level of $15.14. This means that if 15.14 is broken again then I do not want to be in the trade anyway so I'm willing to tighten up my stop.
What I want the stock to do:
retest this support level, which will trigger me in, and and form a bullish hammer with a long lower wick that that doesn't poke thru the $15.14 support level.
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Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.