Long
Staples - Possible BUY
Going against the general sentiment, this trade idea presents a possible long entry opportunity, with the price objective around $23.5
A tight stoploss presents a good risk/reward ratio. But there are two key TL's that will validate this trade. First, the lower TL should provide support around $13.45 region followed by a break of the TL above the $16 region to ensure a move towards $23.5
A tight stoploss presents a good risk/reward ratio. But there are two key TL's that will validate this trade. First, the lower TL should provide support around $13.45 region followed by a break of the TL above the $16 region to ensure a move towards $23.5
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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.