Reasoning:
If Labelled a Swing trade(2-6 Week Holds)
If labelled a long term trade (3-12 Month Holds)
Note:
- Strong Industry/Sector
- Cup with a handle
If Labelled a Swing trade(2-6 Week Holds)
- Entry: Full position on breakout
- Profit Taking: Sell 1/3 at Goal 1
- Final Exit: Remainder at Goal 2
If labelled a long term trade (3-12 Month Holds)
- Entry: Full position on breakout
- Profit Taking: Sell 1/4 to 1/5 at Goal 1
- Exit Signal: Close below 20-day EMA (your trend guide) or 50EMA
- Why: Strong moves are hard to time at the top, but the 20EMA acts as a reliable trend filter
Note:
- Remember: Every long-term investment alert can also be played as a swing trade.
- I normally use half the risk that I show here, this is because I am okay re-entering if it fails and it gives a better R/R ratio
Software Engineer at Google | Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Software Engineer at Google | Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.