Very nice short setup for GE with one of the best Risk/Reward in a while.
I'm not playing this one as i try to avoid setups that contain an earnings report in them, but if i would play it i'de see if tomorrow Wednesday October the 13th, 2015 confirms with another lower, weak daily candle.
Stop loss: ~ 28.40
Open: ~ 27.40-27.90, if confirmed
Target 1: ~ 26.49
Target 2: ~ 25.42
I'm not playing this one as i try to avoid setups that contain an earnings report in them, but if i would play it i'de see if tomorrow Wednesday October the 13th, 2015 confirms with another lower, weak daily candle.
Stop loss: ~ 28.40
Open: ~ 27.40-27.90, if confirmed
Target 1: ~ 26.49
Target 2: ~ 25.42
Trade active
Trade closed: stop reached
It's always good to have your rules confirmed. Playing stocks during earnings season is like trying to cross a minefield!
Related publications
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.
Related publications
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.