AgustinOrtas

AgustinOrtas

Coca Cola might be getting triggered on a Triangle breakthrough. Yesterday it cleared resistance at $49.86 with strength, if you are thinking of going long the underlaying: Buy Limit: $51.70 (let the stock clear the gap first) Stop Loss: $48.86 (if the stock breaks on the downside this level, pattern is invalid).

AgustinOrtas

Price movement is getting tight within a beautiful Triangle. Books tell us this might be a Descending Triangle. What I see? The stock made the same exact figure earlier this year and boomed 37% upwards after a 11.37% downside movement. Not the optimal set up but your risk is defined.

AgustinOrtas

For those of us who believe that we'll get back on planes sooner or later, this is an interesting chart pattern for Boeing. Well-defined risk bullish trigger on the stock. Ideal risk/return profile. Recommended trade: Buy Price: $174.70 Take Profit 1: $ 234.94 (39.94% upside) -> based on next resistance Take Profit 2: $ 281.21 (67.37% upside) -> based on prior...

AgustinOrtas

A well defined risk bullish entry on Starbucks. Not the best risk/return profile, but in case you want to take a long position two clear targets are set. Recommended trade: Buy Price: $82.50 Upside Take Profit 1: $88.00 (7% upside) Upside Take Profit 2: $100.00 (21% upside) Risk Stop Loss: $78.50 -5%