Nice small consolidation breakout at bottom of range (pullback) following a false breakout out the bottom.
Target is an estimate. On these high flying stocks, prefer to use the trailing stop loss. ATR Stops work well. If price closes below the indicator line, move stop loss up to just below that day low.
Target is an estimate. On these high flying stocks, prefer to use the trailing stop loss. ATR Stops work well. If price closes below the indicator line, move stop loss up to just below that day low.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.