*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered digital finance company Sofi Technologies
SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share.
Today my team has averaged down onSOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average.
Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need.
Ultimately, we are willing to hold this one out until it reaches our take profit.
Good luck to all today!
first entry: $6.70
2nd entry: $4.87
Take profit: $6.95
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered digital finance company Sofi Technologies
SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share.Today my team has averaged down on
SOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average. Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need.
Ultimately, we are willing to hold this one out until it reaches our take profit.
Good luck to all today!
first entry: $6.70
2nd entry: $4.87
Take profit: $6.95
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Anmerkung
We sold 1/2 of our shares today at $7 per share.Trade geschlossen: Ziel wurde erreicht
CLOSED OUT OF THIS TRADE AT $7.30
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.