Corridor Breakout out of a 1-month price correction.
Target price set at resistance line bounce.
- Strong Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $57.91
Suggested Stop Loss $56.88
Target price $70.80
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Target price set at resistance line bounce.
- Strong Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $57.91
Suggested Stop Loss $56.88
Target price $70.80
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Note
Updated:Suggested Entry $58.06 (Limit)
Suggested Stop Loss $56.88
Target price $70.80
Note
I haven't entered yet. I'm not a big fan of the price action in the past few days.Ordre annulé
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
