sufiansaid

SHOO : two ways to buy shares (medium term)

Long
NASDAQ:SHOO   Steven Madden, Ltd.
For Trade #1, refer to the linked related ideas below for reasons why I bought shares there

//The exit strategy (price close below the EMA ribbon) will be ignored if not already in profit and/or haven't hit 3R. Keep the trade on as long as the stoploss hasn't been hit yet

For Trade #2, TSI Shadow bullish crossover occured. I mark a line on the HIGH of that candle. I will wait 5EMA will cross over it, then I will buy some
shares

Every trade I will scale out once it hits 3R. I will the remaining position open until price close below the ribbon

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.