BA LongCompare 10/28/2020 and 10/27/2021 earning,
Looks like a pattern:
After earning, small consolidation -> GAP up -> trendline break
After trendline break -> small consolidation -> new swing high. (3 times already, this trade is the 4th.)
Entry 224
Stop 216
Target 290
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.