JPM has a downward channel and I plan to buy the breakout. If the price becomes greater than 198, I will play for a large breakout move on the channel.
If this bounces down tomorrow, then I will have to move the entry price lower or invalidate this setup.
Buy to open = $198
1st Profit Target = $205
Stop Loss = $194
If this bounces down tomorrow, then I will have to move the entry price lower or invalidate this setup.
Buy to open = $198
1st Profit Target = $205
Stop Loss = $194
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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.