TradingBandito06

CPB - Swing Long

Long
NYSE:CPB   Campbell Soup Company
G/G swing trade with RAF at Extremes.

Propulsion dots and prices touched the Vscore = 2. Darvas 3.0 Arrow.

Support at the post earnings prices level.

2nd entry will be below RAF extreme and need a Minor low entry.

Watch tomorrow for 2nd chance entry @ 21 propulsion. Should have been in today at the 21ema/Propulsion.
Trade active:
Prices opened @ 21 propulsion Entry area.
Bot 17FEB23 55 Calls @ 2.45.

Stop Loss is 25% of option Value.
T1 @ 56.50
Trade active:
Hit $56.50 profit target on the open. Sold 1 option.

Not much profit - Need to look at option price vs expected movement. Maybe not a good R:R option.

Holding 1 option.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.