Rockwell Automation, Inc.
Long
Updated

Rock! Well! Long!

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What I see...
+ Bullish Engulfing candle closed above 10MA on high vol.
+ Rising trendline provided further support from today's Low
+ MACD is in postive territory
+ RSI is at 60 and rising

- 50MA is still under 200MA
- MACD appears to be turning negative
- 1st Resistance at $200

What I setup...
+ Long entry above today's high
- Stop at -1w low
+ Target at 52w high
:: Duration - 2 to 6 sessions
Trade active
Setup triggered; Long
Trade active
Moved Stop to 192.88
Trade closed: target reached
Stopped out today; +1.7R

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