Entry Trigger: Entry above $149.95 with strong volume
Technical Indicators:
-RS = 91
-clear uptrend
-contracting volume before breakout
-Fundamentals Last 3 quarters show rising EPS and sales
Play
Stop Loss Below the breakout candle
Target Minimum 2.5R / ride the EMA
Sell in to strenght nex pivot 165,05
Technical Indicators:
-RS = 91
-clear uptrend
-contracting volume before breakout
-Fundamentals Last 3 quarters show rising EPS and sales
Play
Stop Loss Below the breakout candle
Target Minimum 2.5R / ride the EMA
Sell in to strenght nex pivot 165,05
Note
25/7 open a position after the breakout. This could be a false breakout due to the low volume. Trade evaluation:
When the triggers occurred, I was too excited to open a position; I checked the 1-hour time frame, but I did not check the volume throughout the day.
I need to stop if it hits the 21ema. same level of the ADR((5,2%)
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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.