captain_smollett

IBKR. Long Interactive Brokers

Long
NASDAQ:IBKR   Interactive Brokers Group, Inc.
Haven´t checked a single line of company´s reports or any related news. I´m just trying to find a new broker and checking the charts one by one to see if the market will or not dump the shares.

I found IBKR may be a good buy as it bounced of the Hagopian Line and has been flat for several weeks now, underperforming the market. Notice also the price broke former, 2008, All-Time-High at 35.93 and has been consolidating above it since November 2016.

Will long on opening, targeting 56 per share. Another possible long entries are: 35 which is a weekly pivot and a strong support level or 40, on a confirmed range breakout. My SL will be set below last year minimum at 29.50
Comment:
Prince stopped at the Hagopian line. Adding longs
Comment:
Possible 5-Wave structure development with targets at 32 and 30 per share
Comment:
Reached 200 SMA from below. Backtest or breakout and more up?

Moved Stops to breakeven where possible
Trade closed: target reached:
Almost 50% profit since March, 4th. Sounds fair

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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