NAK1987

DAVA , LONG

Long
NAK1987 Updated   
NYSE:DAVA   Endava plc
Taking a shot at DAVA with an entry at 137.27 and a stop vs 132.79. It was between this or ROP or perhaps some of both but I liked the way this one opened more as well as its volumes look a bit healthier to me . Suggest a limit order and not market for it to get a better fill , noticed slippage was potentially high with a market order .

Was tempting to put stop a bit lower and give this some extra room but that also put my 2R scale area above current high . Decided to go with the tighter option of the two which puts 2R below the high and helps me to potentially reduce risk a bit sooner if trade works .
Comment:
I noticed that I placed my long position entry a bit low ( doesn't match my entry of 137.27) forgot to adjust that , weekend work lol . Anyways , entry and stop noted so I'm going to leave it .

艾力克~
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