Swing trade idea, long.
My entry is STOP LIMIT 136.30. The trade triggered already, but if it should gap down Monday I don't want to limit buy. I'd rather wait and pay another penny.
The last swing high has two wicks @ $140.00. I don't like that, or the fact that it's a even number.
Depending on the market, I'll move my stop to break even (or better) once / if we get to $138.69.
The market ended high Friday so I might get gapped over and skipped anyway. If so I'l cancel the order.
My entry is STOP LIMIT 136.30. The trade triggered already, but if it should gap down Monday I don't want to limit buy. I'd rather wait and pay another penny.
The last swing high has two wicks @ $140.00. I don't like that, or the fact that it's a even number.
Depending on the market, I'll move my stop to break even (or better) once / if we get to $138.69.
The market ended high Friday so I might get gapped over and skipped anyway. If so I'l cancel the order.
Note
Note: There is a downtrend line from the weekly chart. I'll want to be out before reaching it.
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.
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.