Get started
FMC Corporation
Long

Going long FMC on Wednesday

By BigWaveTrading
FMC is printing a bullish candle over candle price bar, near its 50 DMA, with my momentum/trending oscillators confirming the price move. I am going long FMC on Wednesday using a limit order (GTC-BUY-LMT) @ 94.42. I will have two trailing sell stops (GTC-SELL-STP) @ 89.99 and 87.61 to protect my initial invested capital in case FMC does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from Nov. '16 - Oct. 17.
Chart PatternsTrend Analysis
BigWaveTrading
Also on:

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.