New Setup: ORLA
ORLA: I have a swing trade setup signal. I like this because it has closed above a breakout area. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP= Sell all or 50%, move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
**Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
**Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
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