Porch Group, Inc.
Long
Updated

PRCH | Continued stock growth

54
- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 18.37
- Take Profit: Open
- Stop Loss: 16.77 (-8.70 %)

Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
Order cancelled

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.