Entry conditions:
(i) higher share price for
RHC along with swing up of indicators such as DMI/RSI, and
(ii) observation of market reaction around the potential support/resistance line of $44.52 from the close of 6th March.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the potential support level of $42.14 from the open of 17th April, or
(ii) below the rising 15 day EMA (currently $41.84).
(i) higher share price for
RHC along with swing up of indicators such as DMI/RSI, and(ii) observation of market reaction around the potential support/resistance line of $44.52 from the close of 6th March.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the potential support level of $42.14 from the open of 17th April, or
(ii) below the rising 15 day EMA (currently $41.84).
Ordre annulé
UPDATE (week ending 10-Jul): Trade abandoned prior to entry since entry conditions for trade were not met and indicators turned negative. Let's look for another trade instead.
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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.