*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team purchased shares of Inverse ETF $UVXY this afternoon. This set-up will challenge our 1-hour chart abilities.
Our first take profit is set at $18. Our take profit 2 at $20 may or may not get hit. We have also set an automatic stop-loss at $14.25.
ENTRY: $15.50
TAKE PROFIT 1: $18
TAKE PROFIT 2: $20
STOP LOSS: $14.25
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team purchased shares of Inverse ETF $UVXY this afternoon. This set-up will challenge our 1-hour chart abilities.
Our first take profit is set at $18. Our take profit 2 at $20 may or may not get hit. We have also set an automatic stop-loss at $14.25.
ENTRY: $15.50
TAKE PROFIT 1: $18
TAKE PROFIT 2: $20
STOP LOSS: $14.25
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Comment:
24-hours was wishful thinking. We will not touch this position unless it hits our automatic stop-loss at $14.25 or reaches our take-profits.
Comment:
Closing out at $15