tradepatiently

SQ Entry, Volume, Target, Stop

Largo
tradepatiently Actualizado   
NYSE:SQ   Block, Inc.
Entry: when price clears 67.62
Volume: with daily volume greater than 9.27M
Target: 73.5 area
Stop: Depending on your risk tolerance; 65.66 gets you 3/1 Risk/Reward.

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comentarios:
Started a position today - hard to tell if we'll get the 9.27M today, but it'll be close.
Comentarios:
Forgot to change the trade to active on the 16th.
Operación activa
Comentarios:
It is below the 3/1 stop I published - but for me (just my style, doesn't have to be yours), if price is coming down and volume is coming down too - I will give it a little room to breath. If price is coming down on big volume, I will stop out at or even above my planned stop.
Comentarios:
Sold 1/2.
Comentarios:
Sold 1/4.
Comentarios:
I take that back, I had a sell order, forgot about it, but it never triggered. I did not sell 1/4 today, I'm still holding 1/2 of my original position, but will sell some tomorrow most likely - hopefully at or above 73.5. :)
Operación cerrada: objetivo alcanzado:
Closed my position.

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