Trade Journal: Long $KR - 4/23/2020

By Trader_Kaji
Updated
KR has been consolidating sideways for the last 2 weeks and is a relative strength name in this current market. This trade triggered above 32.65 and I took this trade last Thursday. Interestingly, KR also has a great entry opportunity on Friday when it retested the breakout area perfectly and raised near HOD at the close.

Entry - 32.69
Stop Loss - 31.95
Target - 35
Comment
I still this this is a valid trade on Monday as long as it still stayed above 32.40 (SL)
Comment
Wow my grammer ^
Comment
Took profits on 1/3rd position.
Trade closed: stop reached
Stopped out the rest at 32.45. Small profit on KR but done with this one for now.
Chart PatternsjournalKRsetupStockstradeTrend Analysis
Trader_Kaji

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