When price clears: 79.39
With average daily volume.
Target: 82.75 area
Stop: Depending on your risk tolerance; 78.27 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No 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 average daily volume.
Target: 82.75 area
Stop: Depending on your risk tolerance; 78.27 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No 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.
Comment:
Have not entered into a trade yet, but will as soon as price clears and holds over 79.39.
Comment:
A little over a 50% retracement but todays reversal was on low volume - this stock could keep heading south next week.
Comment:
Just a couple pennies away from clearing 79.39, and just a little short of 20 day average volume, but I'm close to an entry.
Comment:
I missed my entry, hopefully you didn't.
Trade closed: target reached