NET 1-3 week horizon
Price currently going down, moving within a bullish channel. Entry zone is at bottom of channel which is also near the 50ema and 77 support. Stop loss just below support at 74.90. A potential reward of 29% (mid target) and risk at 4.5%.
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
Price currently going down, moving within a bullish channel. Entry zone is at bottom of channel which is also near the 50ema and 77 support. Stop loss just below support at 74.90. A potential reward of 29% (mid target) and risk at 4.5%.
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
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