MNSO- Entry, Volume, Target, Stop
Enter when price clears 19.49
With daily volume greater than 1.72M
Target: 24.00 area
Depending on your risk tolerance: 18.00 gets you 3/1 Risk/Reward but it's almost 8%, I would consider a stop below the low of the candle before the break above 19.49, or something near that.
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
With daily volume greater than 1.72M
Target: 24.00 area
Depending on your risk tolerance: 18.00 gets you 3/1 Risk/Reward but it's almost 8%, I would consider a stop below the low of the candle before the break above 19.49, or something near that.
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Order cancelled:
Risk/Reward no longer favorable in my opinion. Taking it off my watch list for now.