The 1. Chapter of Darktrace - 2 Long scenarios

Two scenarios where i plan to go long:

Fundamentals:
Darktrace provides mostly solutions for cyber security and could profit from the current atmosphere (Ukraine etc.)



Scenario 1 (Blue arrow)
Target: Next resistance level (upper red rectangle)

Requirments:
- retake of first resistance level (lower red rectangle)
- generating higher highs on the 1 hour chart after retake

Invalidation:
- Fall under first resistance level (lower red rectangle) after retake AND generating lower low swings on the 1 hour chart



Scenario 2 (Orange arrow)
Target: Next resistance level (line level 1)

Requirments:
- Retest of former s/r level (line level 2)

Invalidation:
Added to long term hold stocks if it should fall deeper

Good luck

Comment:

Orange Arrow - Order was filled

Trade active

Trade closed: target reached:

Nice gap up