SMCI Entry, Volume, Target, Stop
Updated
Entry: with price above 270.18
Volume: with volume greater than 3.51M
Target: 325.01 area
Stop: Depending on your risk tolerance; Based on an entry of 270.19, 251.92 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: with volume greater than 3.51M
Target: 325.01 area
Stop: Depending on your risk tolerance; Based on an entry of 270.19, 251.92 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Comment
This trade carries some risk, I got in because the market is moving, but the volume is NOT enough. Will watch it closely.Comment
Sold 1/3Comment
Sold 1/3Trade closed: target reached
Sold remaining 1/3 at target.
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