Newell Brands Inc.

Long

fundamental trade

By DerivativeTrader

Updated

27 is the target
stop loss 13.75
re entry @ 17.75
stop loss @ 10.00

Position size 100%

Note

Entry $14.50

Note

Adjust stop loss to $13.50 near market close so if it is $13.30 3 mins before market close, exit the trade but if its over 13.50 before market close hold onto the trade

Note

re entry @ 17.75 correction $11.75

Note

we have 100k on this trade we are already stopped out on the first position with 7% loss now we have 93k waiting patiently to fall in the $11.75

Note

we are going to half position entry @ 13.75
and add 2nd half to $11.75
Stop is @ 10.00 intra day

Note

We are long from 13.75 with 46,500.00 we are going to raise our stop at $13.75

DerivativeTrader

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