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UnknownUnicorn5855881

Bottom reversal bounce with a target of 2.33

Long
Southwestern Energy Company (NYSE:SWN)  
UnknownUnicorn5855881 Updated   
NYSE:SWN   Southwestern Energy Company
Trend Analysis reversal breakout LONG
5
0
trendanalysis reversal breakout long
Not the strongest pattern so I'm extra tight with my stop. Happy trading.
Trade active:
Will continue to be long short-term but might hold to a new target of 3.4 if there's a breakout on the daily. Happy trading!
Comment:
There was a bounce that caused the price to go from 2.10 to 2.17 in a single candle and the daily candle is looking like it will close higher than the previous day. I believe I'm going to hold this for a few more days to await breakout on the daily. Original exit was 2.3, daily exit is 3.4, but I might adjust to higher exit if breakout blows past 3.4. Happy trading.
Trade closed: stop reached:
I failed to take profit and lost a small amount. Better luck next time.
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