iQIYI, Inc.Long
IQ Long, double bottom
Updated
Condition:
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/4/2019 Weekly demand zone confirmed
3. double bottom
4. down Trend line break, and re-test
Better to see next breakaway Gap (G2);
Entry 17 or at next Gap up open
Stop: 14.5
Target1: 20; risk/reward=1:1
Target2: 23; risk/reward=1:2
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
This is not a good stock trading plan.
In my option trade, I bought Jun C20, limit 1.54; no Stop.
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/4/2019 Weekly demand zone confirmed
3. double bottom
4. down Trend line break, and re-test
Better to see next breakaway Gap (G2);
Entry 17 or at next Gap up open
Stop: 14.5
Target1: 20; risk/reward=1:1
Target2: 23; risk/reward=1:2
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
This is not a good stock trading plan.
In my option trade, I bought Jun C20, limit 1.54; no Stop.
Trade active
In my option trade, I bought Jun C20 , limit 1.54; no Stop.Trade closed manually
just make even + lunch
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