Long
The 1. Chapter of Darktrace - 2 Long scenarios
Two scenarios where i plan to go long:
Fundamentals:
Darktrace provides mostly solutions for cyber security and could profit from the current atmosphere (Ukraine etc.)
Scenario 1 (Blue arrow)
Target: Next resistance level (upper red rectangle)
Requirments:
- retake of first resistance level (lower red rectangle)
- generating higher highs on the 1 hour chart after retake
Invalidation:
- Fall under first resistance level (lower red rectangle) after retake AND generating lower low swings on the 1 hour chart
Scenario 2 (Orange arrow)
Target: Next resistance level (line level 1)
Requirments:
- Retest of former s/r level (line level 2)
Invalidation:
Added to long term hold stocks if it should fall deeper
Good luck
Fundamentals:
Darktrace provides mostly solutions for cyber security and could profit from the current atmosphere (Ukraine etc.)
Scenario 1 (Blue arrow)
Target: Next resistance level (upper red rectangle)
Requirments:
- retake of first resistance level (lower red rectangle)
- generating higher highs on the 1 hour chart after retake
Invalidation:
- Fall under first resistance level (lower red rectangle) after retake AND generating lower low swings on the 1 hour chart
Scenario 2 (Orange arrow)
Target: Next resistance level (line level 1)
Requirments:
- Retest of former s/r level (line level 2)
Invalidation:
Added to long term hold stocks if it should fall deeper
Good luck
Note
Orange Arrow - Order was filledTrade active
Trade closed: target reached
Nice gap up
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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.