Ready for take off...
Possible & Probable Inverse head and shoulders printing.(PINK SQUIGGLE) =TARGET TOP OF GREEN BOX = 56% LOSS IF WRONG 5%
Possible & Probable Bull Flag / Right Shoulder... (WHITE LINES-CHANNEL)
200 HR Moving Average Test. (WED 28TH - JUNE 1ST)
Divergence across all oscillator's setting up. (BLUE LINES)
Previous high is a magnet for the price.
11:1 Risk to Reward Ratio... Entry $46 Stop $43 Exit $71ish
Stop under the break of the bull flag and midterm low which is the previous resistance. (PURPLE LINE)
The job here is to protect your capital. The risk here is worth it for me. You have to size properly where you can pre-lose the money and have ZERO fear of it.
The best loser wins!
Cut your losses fast and let your winners run!
Now for the fundamentals. Founded in 1928, with a Price to Earnings Ratio of 8.60 with a 1.24% dividend. This is the VERY DEFINITION of a Warren Buffet deep value play... You probably shouldn't even trade this. Just buy and hold...
But profits are not profits unless you realize them.
Have a great day!
Possible & Probable Inverse head and shoulders printing.(PINK SQUIGGLE) =TARGET TOP OF GREEN BOX = 56% LOSS IF WRONG 5%
Possible & Probable Bull Flag / Right Shoulder... (WHITE LINES-CHANNEL)
200 HR Moving Average Test. (WED 28TH - JUNE 1ST)
Divergence across all oscillator's setting up. (BLUE LINES)
Previous high is a magnet for the price.
11:1 Risk to Reward Ratio... Entry $46 Stop $43 Exit $71ish
Stop under the break of the bull flag and midterm low which is the previous resistance. (PURPLE LINE)
The job here is to protect your capital. The risk here is worth it for me. You have to size properly where you can pre-lose the money and have ZERO fear of it.
The best loser wins!
Cut your losses fast and let your winners run!
Now for the fundamentals. Founded in 1928, with a Price to Earnings Ratio of 8.60 with a 1.24% dividend. This is the VERY DEFINITION of a Warren Buffet deep value play... You probably shouldn't even trade this. Just buy and hold...
But profits are not profits unless you realize them.
Have a great day!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.