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p4917

MCO 2nd try 📈

Long
Moody's Corporation (NYSE:MCO)  
p4917 Updated   
NYSE:MCO   Moody's Corporation
Support and Resistance Fibonacci Trend Lines bullishconsolidation bullishchart bullishchartpattern bullishchartpatterns retracement buyonretracement enterlong long-term-trade weeklychart
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supportandresistance fibonacci trendline bullishconsolidation bullishchart bullishchartpattern bullishchartpatterns retracement buyonretracement enterlong long-term-trade weeklychart
As you're seeing on this chart - made my 2nd long entry. The first order didn't get filled. I've decided now, that the 38's % fibo retracement seem to give enough support. Would be better if the price has been touching the broken trendline below, but this setup may also work. Let's see.

Good trades, folks!
Trade closed: stop reached:
Bang. SL hit.
Comment:
Placed a new order at the original level. Learning: Stick to your original orders/trades taken in the higher timeframe. Even when it seems that your orders don't get filled.

snapshot
Trade active:
Finally my 1st limit buy got filled. Price re-tests the broken trendline now. Let's see how this unfolds.

snapshot
Trade closed: stop reached:
This stock fell hard this week. Current level looks like support but as the price is in the meantime under nearly all MAs I stay on the side line and wait ...
Trade active:
Okay, 3rd try - opened another position. Let's see:

snapshot
Trade closed: stop reached:
3rd position in Moody's got stopped out. I'm out.
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