Long
US100 50% Buy COVID-19 Range
US stocks are taking a beating this year, led by the NASDAQ. The COVID-19 recovery uptrend (2020 Low to 2021 High) is being tested. At this point, the 50% Retracement (11,708) of this range is coming into view.
Here’s the trade:
Buy 11,750
Initial Stop Loss @ 11,450
Profit target @ 12,050
Be ready….this trade has a decent shot of going live this week.
Here’s the trade:
Buy 11,750
Initial Stop Loss @ 11,450
Profit target @ 12,050
Be ready….this trade has a decent shot of going live this week.
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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.
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.