LEN Entry, Volume, Target, Stop
Updated
Entry: when price clears 117.54
Volume: average or better
Target: 129 area
Stop: Depending on your risk tolerance; 113.72 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: average or better
Target: 129 area
Stop: Depending on your risk tolerance; 113.72 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Note
I don't do much with fundamentals, but really did expect a rally today after the earnings dip yesterday.Note
I tried to sell 1/3 today but for some reason didn't get filled at 123. Will most likely sell 1/3 tomorrow.Note
Sold 1/3 at 123.Note
Sold 1/3.Note
Stop loss set at my original entry price.Trade closed: target reached
Closed my position.
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.