Staying with the trend and trading around core positions.

Hello Traders,

I'm back in to full original long exposure to NYSE:UTX.

New Stop at the 104 - 105 area.

No overall target as long as price remains above the 200MA then I'm in the trade.

Short term resistance marked out by Fibonacci 78.6% and 88.6% retracements.

Previous ATH is $124.45

Please see linked idea for original trade.


Trade smart, and with a plan!
Cheers. =)

Comment:

A new YTD Weekly closing price has been achieved. Stop remains the same as the 200 MA has crossed above the stop placement.

Earnings in 4 Days. MANAGE YOUR RISK!