Found this stock on the screener showing a bullish continuation setup on the daily chart. On the higher timeframe downtrend, looked like the pullback had been played out. Despite it was added it to the watchlist to monitor.
Execution – Later Entry.
Trade Overview
• Structure: Bullish Continuation (D) / Bearish Pullback (W)
• Position: Near Mean (D) / Near Mean (W)
• Entry Trigger: Breakout / Range Expansion
Entry Details
• Entry Price: 9.92
• Stop Price: 8.91
• Target Price: 12.34
• Expected Risk/Reward: 2.36 R
Exit Strategy
• Exit Price: Closed 75% at 11.34 and 25% at 12.34.
Trading Resources: stockleave.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.
Trading Resources: stockleave.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.