Long $XOP Multi-timeframe analysis
Bullish pennant on the shorter TF for 
XOP with confluence at weekly support for the pennant target which shows an amazing R:R for a long opportunity.
But, being that this ETF is fundamentally bearish because of current concerns for the new virus strain and the fact that technically this is still bearish on the weekly, Ill be setting first target to top of pennant. Then, move stop to BE and then just wait and see how the pennant pattern plays out. At this time, when stop is at BE this would be a risk free trade.
XOP with confluence at weekly support for the pennant target which shows an amazing R:R for a long opportunity.But, being that this ETF is fundamentally bearish because of current concerns for the new virus strain and the fact that technically this is still bearish on the weekly, Ill be setting first target to top of pennant. Then, move stop to BE and then just wait and see how the pennant pattern plays out. At this time, when stop is at BE this would be a risk free trade.
액티브 트레이드
Stock target still not reached, but did past a recent short term resistance zone on the hourly. Did have options positions open for this that expired which is +41/contract for the trade.노트
Looking like price is hitting resistance in $70 area with a small head and shoulder pattern forming on 1hr chart. Short term bias on this is now bearish with short term target at $66-64 which is top of previous pennant. Because the remaining stock trade is already a "risk free" trade since stops moved to break even. Will be looking to sell vertical call spread for $70/72 for this trade for next week
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.