Love the risk / reward ratio on this trade. - Target Entry: $37.49 - Target Stop Loss: $36.71 - Target Exit: $44.01 - Risk / Reward Ratio: 8.36 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my...
Careful - I will wait for earnings before placing this order. Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run. Good risk-reward ratio and target set at a potential formation of a 6-month resistance line. - Target Entry: $77.80 - Target Stop Loss: $75.91 - Target Exit: $82.51 - Risk / Reward Ratio:...
Ascending Triangle formed after a bull run. Tight Stop Loss - risky price action. - Target Entry: $105.20 - Target Stop Loss: $103.44 - Target Exit: $123.55 - Risk / Reward Ratio: 10.43 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as...
Bullish Pennant formed after a steady bull run. I have not identified a clear technical target, however, I love the risk/reward ratio on this trade and I still feel this is an opportunity to pursue. - Target Entry: $36.83 - Target Stop Loss: $36.50 - Target Exit: $39.00 - Risk / Reward Ratio: 6.58 About me - Note that I tend to adjust stop losses in order to...
Ascending Triangle formed after a period of correction. The run should resume and price to hit the resistance line. Keeping the Stop Loss very tight. Consider lowering it to $22.81 if you don't have much risk exposure in your current trading portfolio. - Target Entry: $23.50 - Target Stop Loss: $23.20 - Target Exit: $26.90 - Risk / Reward Ratio: 11.33 About...
NTR is a fairly volatile stock. Keep this in mind when you trade it. The risk can be higher. While an Ascending Triangle has clearly formed, the price hasn't confirmed the support line yet. However, the risk exposure is minimal and it might be worth a shot. - Target Entry: $59.11 - Target Stop Loss: $58.18 - Target Exit: $63.66 - Risk / Reward Ratio: 4.89 About...
Bullish Pennant formed after a modest 9-month rally. Great risk-reward ratio and target set at a potential formation of a 1-year resistance line. - Target Entry $252.04 - Target Stop Loss $246.36 - Target Exit 279.40 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going...
The level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price. Bullish pennant formed after a 6-month bull run, betting on momentum keeping going. - Target Entry: $50.32 - Target Stop Loss: $49.34 - Target Exit: $54.22 - Risk / Reward Ratio: 3.98 About me - Note that I tend to adjust stop losses in...
Bullish Pennant formed on a 1-year bull run. Great risk-reward ratio and target set at a potential formation of a 3-year resistance line. - Target Entry $251.97 - Target Stop Loss $246.26 - Target Exit $280.85 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be...
Here we go again, trying to manage one of the most challenging markets ever. Definitely the most challenging since my trading career started. Bullish Pennant following a 4-month correction interrupting a massive bull run. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup....
Bullish Pennant formed after a 5-month correction. Multiple new support confirmation over the past few days and price that resisted the news of Bezos leaving the company. I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. - Target Entry $3329.12 - Target Stop...
Ascending Triangle formed after a 3-month correction. Multiple new support confirmation over the past 4 days. I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. We have a target price, however, I wouldn't be surprised if it would go above that. - Target Entry...
Bullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days. I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher. - Target Entry $80.50 - Target Stop Loss $79.22 - Target Exit $94.00 About me - P/L September +49.18% | August: +232.32% | No Trades without...
Uptrend Corridor Breakout formed after a 8-month rally. Multiple new support confirmation yesterday. I usually want to see a support confirmation over a period of 2-3 days, however, I still feel that the risk/reward ratio is very acceptable. Therefore, I'll enter regardless. If you want to be safer, wait for further support bounces (although you might miss a run,...
Ascending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days. Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable. - Target Entry $24.30 - Target Stop Loss $23.81 - Target Exit $28.01 About me - P/L: Oct-Nov-Dec Trading Suspended | September +49.18% |...
Ascending triangle formed after a 9-month monster rally followed by a correction period. Price seems to have graduated from its uncertainty and ready to keep that rally going. Support held strong in the past two weeks and I feel that the risk/reward ratio is excellent on this trade. Positive vaccine news could act as a catalyst. - Target Entry $1406.15 - Target...
Ascending triangle formed after a 5-month correction. Multiple new support confirmation over the past few days. There is a potential to aim March's high and target a $105 price mark. However, not before we break past our original target exit below. Despite profit potential might not seem appealing, I still feel that the risk/reward ratio is acceptable. Needless...
Bullish Pennant breaking out after a 7-month uptrend. Trying to capture the breakout right out of the gate and eventually lock profits well before the target, which I believe to be the best strategy given the period. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup....